Estateguru, the leading Pan-European property investment and financing platform, and the Czech investment bank J&T Banka have signed a managed account contract. This will be allocated to Estateguru’s Western European loan origination.
Having firmly established commitment and loyalty from its retail investor base for several years, with more than 145 000 investors from more than 100 countries who have also supported three successful funding campaigns on Seedrs, Estateguru is now also focussing heavily on institutional capital in order to deliver on an ambitious business roadmap that aims to see the company financing €5B by 2027.
“Estateguru is a forward-thinking player in the real estate investment scene across Europe and I’m happy to see that our business model and ambitious plans resonate with other innovative organisations like J&T Banka. This is exactly why I joined Estateguru at the beginning of this year – to make our offering known to institutional investors and to grasp a solid share of the P2P lending market which, according to various estimates, will grow from $350 billion to $0.5 trillion by 2025. I strongly believe in our prospects and the partnership with J&T, among other institutional players, has confirmed the attractiveness of our business model”, commented Judith Tan, Head of Capital Markets at Estateguru.
“There is a significant SME financing gap in Europe and a strong investor appetite for high-yield investment products. Estateguru is in the perfect position to take advantage of these two trends and become a global leader in real estate-backed lending. Our first allocations will go to Finnish and German loans on the platform and we are considering an increase of the managed account volume at a later date”, added Tomáš Klimíček, member of the board of J&T Banka.
About J&T Banka
J&T Banka is a Czech financial institution incorporated under Czech law, regulated and supervised by the Czech National Bank. J&T Banka holds a universal banking license which allows it to accept deposits from the general public and to provide loans. More specifically, J&T Banka is primarily engaged in (i) private banking (wealth management, family office and concierge services), (ii) corporate banking (general lending and acquisition, structured and project financing),(iii) investment banking (securities underwriting and placement, mergers & acquisitions and corporate finance advisory) and (iv) financial markets activities (sales, trading, research, brokerage and asset management). J&T Banka’s sole shareholder is J&T FINANCE GROUP SE which is controlled jointly by its two founders, Mr. Jozef Tkáč and Mr. Ivan Jakabovič, each holding a 45.05% share of JTB’s registered capital and voting rights.