Business
Crowdfunding: A Growing Trend in ASEAN
By InvestAsian  •  July 15, 2015
Singapore-based CoAssets is making crowdfunding as an investment more mainstream not only in its own market, but across the region and after a fresh listing in Australia, the company has put a spotlight on this alternative way of investment. CoAssets is a crowdfunding platform that matches property deals with investors, whether it would be mezzanine loans to developers or equity in physical property. The company started trading on the National Exchange of Australia (NSSX) under the symbol “CAX” last Wednesday, representing the first public listing for a real estate crowdfunding platform based in Southeast Asia. The financial accounts of the company were audited twice by Singaporean and Australian third-party auditors before it was listed. CoAssets was launched back in 2013 and has raised more than SG$36 million ($26 million) since then. It has conducted more than 15 residential and commercial projects ......
Read the full article
By InvestAsian
I’ve spent half of my life living and investing in Asia. Graduating from one of the region’s top universities, I learned several languages, bought more than a dozen properties, and started a successful property fund by the time I reached my mid-20s ...
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance