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Real Estate Token AG Announces the Launch of Its Platform – GlobeNewswire

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TALLINN, Estonia, Nov. 19, 2021 (GLOBE NEWSWIRE) — Recently, Real Estate Token AG has proudly announced the launch of its platform. The platform is offering a chance to join hands for economic uplift in Europe while offering the best investments to investors across the world along with multiple bonuses and job opportunities.

Co-Founder & CEO Qendrim Bajraktari is all set to start with the first round of advance sales and construction after the successful establishment of Real Estate Token AG in September 2021.

Real Estate Token (RET) AG is a fin-tech-based real estate investment and development company that provides the opportunity to create high-quality construction projects in developing countries of Europe. RET AG aims to foster positive, collaborative, and sustainable development to nurture our community while benefiting investors with a high return on investments (ROI). All projects are aligned with western standards, and procurement of top-quality raw materials is ensured.

RET AG team has a special connection with property developers and landowners in the Balkan region, mainly Kosovo, Albania, Macedonia, Croatia, and Bosnia. This cooperation will enable them to make actual, sustainable developments in the area and raise the quality of life for the population. The company’s first construction project will be the development of an apartment block with 48 parties and several shops in the capital of Kosovo, Pristina, and the construction and sales time for which will be around 24-27 months.

RET aims to expand residential buildings and then schools, kindergartens, and hospitals. Moreover, it donates 10% of its profits to needy parts of the social systems in developing countries.

Real estate token represents the company’s value, which will increase steadily as more construction projects are completed. With the purchase of RET buyer supports to further development of emerging countries in Europe. The company itself holds 15% tokens, but they are not tradable till January 2026. However, they will issue 10% tokens in private and pre-sale rounds and 50% more in 2023.

After completing the first round of advance sales and the start of construction, the company plans the first investor events in Germany in March 2022 to further pre-sales rounds and elevate its online presence. Moreover, RET AG will conduct the final pre-sale round and sale of the first apartments in September 2022, during which it will also prepare listings on stock exchanges. After which 25% of net profits will be re-invested in token cashback on the deals.

RET AG will also offer a direct referral bonus for all token buyers and career opportunities in the whole sales team responsible for acquiring new customers and expanding the vision to participate in the growing success.

Co-Founder and Chief Sales Officer Kay Schiefner shared, “We have created a company that provides investment opportunities to investors across the world while aiding with infrastructure expansion in developing countries. We are aiming to create a reliable real estate service in developing countries of Europe.”

To sign up or sign in using your Real Estate Token AG Account, visit; https://invest.realestate-token.io/login

About Team

Real Estate Token AG’s leadership team consists of seasoned finance and technology professionals, sharing a common aim to expand access to the construction industry. This achievement will enable business owners to fight against poverty and maximize individual profits. The Co-Founding team includes CEO-Qendrim Bajraktari, CFO-Michael Eicke, and CSO-Kay Schiefner, while marketing and technical operations are led by weathered Sabine Späth and Ismail Akin, respectively.

For more information, visit

Website: https://www.realestate-token.io/

Telegram: https://t.me/RealEstateTokenAG

YouTube: https://www.youtube.com/channel/UCyvtZBOxEZkDSTeMtreFbkg

Media Queries

Real Estate Token AG Media Office

Email: info@realestate-token.io

Address: Harju maakond, Tallinn, Nõmme linnaosa, Rännaku pst 12, 10917, Tallinn, Estland

SOURCE: Real Estate Token AG

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Montreal real estate prices soar 21% amid lower listings, sales in November – Global News

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The Quebec Professional Association of Real Estate Brokers says November home sales and new listings fell in Montreal as prices soared by more than 20 per cent compared with a year ago.

The association says sales for the month totalled 4,402, a 17 per cent drop from 5,296 in November 2020.

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New listings amounted to 5,056, down 14 per cent from 5,848 last November.

The median price of a single-family home soared by 21 per cent compared with a year ago to reach $525,000, while condos went up by 18 per cent to hit $374,000 and plexes with two to five units had a 15 per cent spike pushing them to $725,000.

Read more:

Montreal October home sales down from record level last year, but prices up

Apart from condominiums, which saw a slight decline, the association says the median prices were also up from October 2021.

Charles Brant, the association’s director of market analysis, says he noticed a lack of supply and persistently high demand last month that placed pressure on prices and encouraged potential sellers to get into the market.

“The announcement of an earlier-than-expected rise in interest rates no doubt motivated potential sellers to advance their project in order to benefit from the sustained activity and the opportunity to sell at the best price,” he said in a statement.

© 2021 The Canadian Press

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Montreal real estate prices soar 21% amid lower listings in Nov.: brokers group – moosejawtoday.com

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MONTREAL — The Quebec Professional Association of Real Estate Brokers says November home sales and new listings fell in Montreal as prices soared by more than 20 per cent compared with a year ago.

The association says sales for the month totalled 4,402, a 17 per cent drop from 5,296 in November 2020.

New listings amounted to 5,056, down 14 per cent from 5,848 last November.

The median price of a single-family soared by 21 per cent compared with a year ago to reach $525,000, while condos went up by 18 per cent to hit $374,000 and plexes with two to five units had a 15 per cent spike pushing them to $725,000. 

Apart from condominiums, which saw a slight decline, the association says the median prices were also up from October 2021.

Charles Brant, the association’s director of market analysis, says he noticed a lack of supply and persistently high demand last month that placed pressure on prices and encouraged potential sellers to get into the market. 

“The announcement of an earlier-than-expected rise in interest rates no doubt motivated potential sellers to advance their project in order to benefit from the sustained activity and the opportunity to sell at the best price,” he said in a statement.

This report by The Canadian Press was first published Dec. 7, 2021.

The Canadian Press

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Ottawa home prices rose 19% year-over-year in November: real estate board – Globalnews.ca

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Ottawa housing prices continue to climb as 2021 draws to a close. It’s a trend real estate experts expect to continue in 2022.

The Ottawa Real Estate Board said that November’s average sale price for a condo was $432,099, while the typical residential-class home sold for $716,922. Both represented increases of 19 per cent over average sale prices in November 2020.

Though those figures represent significant jumps year-over-year, OREB President Debra Wright says that the month-to-month prices from October to November were relatively steady in the residential market and up seven percent for condos.


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How the pandemic sparked rise in sight unseen home-buying – Oct 2, 2021

“This is a far better situation than the monthly price escalations we had seen in the first quarter of 2021,” Wright said in a statement. “However, there is no question that supply constraints will continue to place upward pressure on prices until that is remedied.”

RE/MAX said in its 2022 Canadian housing market outlook last week that Ottawa average home price is expected to rise a further five per cent next year. That’s below estimates for other large markets in Ontario, such as Mississauga (14 per cent), Toronto (10 per cent) and Brampton (eight per cent).

In Ottawa as well as those other cities, RE/MAX said home prices could feel pressure as increased immigration levels further constrain supply levels.

Read more:

Canadian homebuyers facing weeks of move-in delays tied to supply chain snags

The OREB projects housing inventory in Ottawa is currently at a one-month supply, with the 1,430 units added to the market last month representing a 27 per cent drop from October and a 13 per cent decline from levels in November 2020.

While sales sit at “30 or so units over the five-year listing average, this is simply not sustainable and is taking us further away from the balanced market that will bring much-needed relief to potential buyers,” Wright said.

OREB members meanwhile sold 1,459 properties in November, a drop from the 1,605 seen in the same month last year. Sales figures were unseasonably high during this period in 2020, however, as more homes were sold in the fall because pandemic-driven lockdowns and general economic anxiety pushed demand from the usually busy spring and summer to later in the year.

November 2021’s sales volumes were still above the five-year average of 1,348 total units sold in November.

Realtors with the OREB have also gotten more involved with rentals in the past year, helping nearly 4,500 tenants find new units so far in 2021 compared with 3,120 such deals this time last year.


Click to play video: 'Cost of housing biggest crisis outside the pandemic: Singh'



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Cost of housing biggest crisis outside the pandemic: Singh


Cost of housing biggest crisis outside the pandemic: Singh – Nov 28, 2021

© 2021 Global News, a division of Corus Entertainment Inc.

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