Real-estate crowdfunding is now possible in the Romandie region

Until now, investing through real estate crowdfunding was possible in the German-speaking part of Switzerland with platforms such as Crowdhouse and in Ticino with Swiss-Crowd. Today, a new platform for the Romondie region is born.

Established in 2016, Foxstone has launched its real estate crowdfunding platform to give investors direct and transparent access to the French-speaking Swiss real estate market. The platform allows private investors and institutional clients with a minimum investment of CHF 25,000 to invest in co-ownership of residential properties in the region.

Foxstone is now operative and has regstered the first subscriptions with a minimum investment of CHF 100,000 for two residential buildings located in Meyrin (Geneva) and Concise in the canton of Vaud.

“The launch of Foxstone’s operations is a milestone. The investment market in the residential real estate will change in the French-speaking part of Switzerland thanks to the tremendous opportunities offered by technology” says Dan Amar, CEO of Foxstone. “The whole team is enthusiastic about revitalizing the real estate investment and the PropTech sectors in the French-speaking part of Switzerland.”

Full transparency
The Foxstone platform was examined by teams of professionals through a strict financial, technical and legal due diligence. Foxstone handles and monitors the entire transaction process, from gathering the investors and the legal framework to the negotiation of the mortgage and the acquisition of the property on behalf of the investors. The collection of the rents and the day-to-ay management of the buildings is delegated to a renowned property manager. Moreover, Foxstone guarantees total transparency by disclosing commissions and fees related to real estate transactions to all parties. Documents related to the analysis and the financing of the property are available online.

Foxstone was previously hosted by the FUSION accelerator and was awarded the Best Real Estate Crowdinvesting Platform at the Geneva Real Estate Crowdfunding Awards 2017. Moreover, the company has won important strategic partners such as la Vaudoise Assurances and Investis Group.

(Press relase/ran)