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Post by Reinvest24 on Mar 2, 2021 15:13:05 GMT
Metropolis 4D development loan - 5. stage just went live! Currently, the construction is about 30% ready. Read more about the development of the project in our new freshly published "Insider Updates" article, as well as see the pictures of the progress. - Annual interest - 14%
- Duration - 9 months
- LTV - 50%
Invest in the project hereHave a wonderful day! Kind regards, Reinvest24 team
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Post by Reinvest24 on Mar 5, 2021 15:08:03 GMT
Friday cheers to all our dear fellows! New day, new Insider update and this time all the lights are at Nistor residential building project. Take a look inside the building and find out what construction work has already been completed and what is planned to be done. You also have the opportunity to invest in this project, as the 4th stage is now open for investment! Have a wonderful end of the week! Reinvest24 team
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Post by Reinvest24 on Apr 1, 2021 13:52:44 GMT
Dear fellows, The second stage of our project from Metropolis City - Metropolis 4A development loan is now open for investments! - Annual interest - 13% (+1% on investments over 1000 EUR)
- Collateral -1st rank mortgage
- Duration - 12 months
- LTV - 50%
More details here. We wish You a Happy Easter! Reinvest24 team
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Post by Reinvest24 on Apr 1, 2021 14:28:15 GMT
Starting from 29.03. our Bauskas development project is in the refinancing stage.
This means another successful exit is approaching Reinvest24 investors – as we are ahead of schedule and the project will be repaid before its maturity day. We would like to congratulate everyone that took part in this project, as it earned 13-14% p.a.
To explain the framework we are following and how things are working at Reinvest24, we decided to answer the most important questions you might have, based on a real-life example:
Why is the Bauskas development project getting refinanced? The main reason for that – a lower % rate for the Borrower.
Why did we simply not lower the interest rate for the Borrower? The Bauskas project was providing a 13%+1% (bonus) return for Reinvest24 investors. Currently, our average project return is 14.8-14.9%. We have plenty of other attractive opportunities to offer to our investors rather than decreasing the interest rate.
When will the repayments be done? As of today, the project has been paying monthly interests without any delays. We expect the principal repayment to happen during the coming weeks. Also, It depends on the speed of the Latvian Notary to make this transaction.
Important information to bear in mind On Reinvest24, the Bauskas project was providing investors with 13-14 % annual interest and current (actual) LTV of 52% instead of the stated maximum of 67%. The refinancing terms are a bit different, offering 11% p.a. with an estimated LTV of 75%.
Reinvest24 team
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Post by Reinvest24 on Apr 14, 2021 15:05:58 GMT
3RD ANNIVERSARY CASHBACKOn 07.05, Reinvest24 will become 3 years old and to thank our investors for the constant support and trust in us, we are giving all our investors bonuses. From 12.04.2021 until 12.05.2021 (included), invest in our projects and receive the following cashback bonus from your total investments. - 0.25 % on investments up to 1’000 EUR
- 0.5 % on investments from 1’001 to 5’000 EUR
- 0.75 % on investments from 5’001 EUR
To participate in the campaign, please read the terms and conditions. And don't forget about 10 EUR bonus for new users! Reinvest24 team
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Post by Reinvest24 on Apr 14, 2021 15:18:51 GMT
Today we finally publish our long-awaited NEW RENTAL project for investments! We have been working on this project for more than 1 year, as a result of negotiations, we were able to get a good discount, providing our investors with great potential for capital growth. - Rental yield: 6.53%
- Capital Growth: 6%
- Collateral: Owned by our SPV and mortgage
- Location: Tallinn, Estonia
More detailed information is available here.
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Post by Reinvest24 on Apr 20, 2021 13:09:53 GMT
Some time ago we made a survey to decide together with our investors what solution would be the best for Restaurant and wine boutique commercial space in Kadriorg tenant's request. We have interviewed the tenants to know more about these hectic times, they are currently going through. Watch this video to see the interview. We would like to help this amazing restaurant, therefore all Reinvest24 users will get a -10% discount when visiting it. Let's support local businesses! REMINDER: 3RD ANNIVERSARY CASHBACK is ongoing: From 12.04.2021 until 12.05.202 (included), invest in our projects and receive the following cashback bonus from your total investments. - 0.25 % on investments up to 1’000 EUR
- 0.5 % on investments from 1’001 to 5’000 EUR
- 0.75 % on investments from 5’001 EUR
Have a great day! Reinvest24 team
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Post by Reinvest24 on Apr 20, 2021 13:49:09 GMT
Last week Reinvest24 executed a successful exit from the project - Land plot with an existing cash flow and development potential- which was used as a polygon for Al Robo-testing by Starship Technologies - one of the leading Estonian Technology companies. As for now, all 402 investors has received their repayments and overall earned 14.75% IRR from this property. - Repaid to investors - 335 575 EUR
- IRR - 14.75%
- Earned by investors - 63 025 EUR
Explore more projects like this here.
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Post by Reinvest24 on Apr 26, 2021 15:24:10 GMT
We are pleased to announce that Reinvest24 (company name Reinvest24 OÜ) has increased its share capital from 2’500 EUR to 125’000 EUR. As of now, we can confirm, that change has been already made in the Central Commercial Register of Estonia. We believe that strengthening the company’s financial stability is the most appropriate way of stepping into our 3rd year of operations. It is our pleasure to grow, as well as achieve meaningful goals together! Register now and get Your 10 bonus for Your first investment. Have a wonderful day! Reinvest24 team
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Post by Reinvest24 on May 6, 2021 18:28:17 GMT
We are continuing with successful exits! And today we are making our first successful track-record in Moldovan market! 🇲🇩 In these turbulent times, we continue showing excellent results and stability of the platform. As of now, the 1st stage of Belgrad residential project loan has been repaid to our investors, earning them 15% IRR. Repayment of other stages will follow in the upcoming months. - Repaid to investors - 90 000 EUR
- Adjusted annual effective return - 15.4%
- Earned by investors - 7 000 EUR
Explore more projects like this here.
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Post by Reinvest24 on May 7, 2021 16:02:16 GMT
Today Reinvest24 is turning 3️ years old. The anniversary always offers a great opportunity to reflect on the major milestones achieved and share gratitude to all the people involved, as without You, our dearest investors, we wouldn’t be in the place we are right now. This blog article is a personal message for You from all of our team! Have a great Friday! Reinvest24 team
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Post by Reinvest24 on May 10, 2021 13:16:43 GMT
Last month we exited one of the platform's first projects, repaying back to our investors more than 590 000 EUR and earning over 25% in total effective return. Find out more about how this was achieved and get inspired for Your future investments into real estate projects.
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Post by Reinvest24 on May 25, 2021 13:35:18 GMT
The new valuation report has been created for the Modern office in the business center of Tallinn. The initial book value of this property will be changed according to the new valuation report. Even though the indicators used to evaluate commercial real estate are currently very conservative due to COVID, we still decided to go ahead and ordered a new report, as the office went through a full renovation. The valuation reports for our other rental properties will be ordered once the overall market situation with commercial real estate is changed. The new valuation report can be found in the property "Technical Overview" section. We also prepared a video update for this project to bring you as close as we can to the whole process, enjoy!
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Post by Reinvest24 on May 25, 2021 13:37:39 GMT
And we continue showing amazing results and dynamic growth. Within a month, we successfully exited 4 projects and repaid back 1,100,000 EUR to our investors. 👏 Join the community of our investors and receive 10 EUR bonus (www.reinvest24.com/en/r/o59m50va) for Your first investment.
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Post by Reinvest24 on May 26, 2021 21:13:05 GMT
The FINAL stage of our Nistor residential building became available today! - Annual interest - 14% + 0.5% (over 1’000 EUR)
- Duration - 4 months
- LTV - 50%
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