Stock.estate: Romanians' appetite for investment is growing considerably
Licensed in autumn 2023 by the ASF and launched for trading in January 2024, Stock.estate reports strong results one year after the first transaction on the platform. Basically, around 15% of Stock.estate users have become investors in local real estate products.
Stock.estate is a crowdfunding platform - the first of its kind authorized by ASF in Romania and the only locally operational platform. The objective of Stock.estate is to offer investors the opportunity to invest in the real estate sector in the amount they have available, with a minimum amount of 100 euros. The investment in the Stock.estate platform amounts to more than half a million euros so far.
"We are still a nascent culture in terms of investment tools, it's true, but we firmly believe that Romanians will be increasingly open to investments of all kinds. We have been observing their increased interest in the investment area for about five years now, and the results of the first year of our platform validate Romanians' appetite for new investments," says Vicențiu Vlad - Co-Founder & CEO - Stock.estate.
The platform's figures count more than 1,500 people enrolled in the platform (i.e., people who have created an account in the platform and have permanently accessed the information on the use of the financial investment tool), more than 200 of them have made direct investments in the platform, and their transactions amount to more than 550 shares - with a total value of more than 750,000 euro.
"The best news of our first results is exactly related to the investors who have become active, some of them recurrently returning to new investments. The percentage of almost 15% of active investors on the platform gives us tremendous confidence that Romanians are increasingly interested in real estate investments. The fact that more than 1,500 users are constantly returning to Stock.estate for information is another extremely positive indicator for the collective investment decision. For example, a certain user decided to invest after a year of constant information on our platform, and we are happy that correct information is developing so much in Romania", explains Vlad.
The crowdfunding market in Romania has significant potential, estimated at around €200 million, thanks to the steady interest growth from investors and entrepreneurs.
"With recent regulation facilitating access and protecting investors, crowdfunding platforms in Romania, such as Stock.estate, have started to gain traction, providing funding opportunities for the real estate market. This platform democratizes access to capital and enables market validation and project marketing, thus contributing to developing a dynamic entrepreneurial ecosystem", says Alexandru Constantin - Co-Founder & CTO - of Stock.estate.
According to the co-founders, the company's expectations for the next year of activity on the Romanian market foresee a growth of over 300%, given the increased interest of local investors.