Property Partner completes UK’s largest ever property crowdfund – Newcastle
The UK’s largest ever property crowdfund has completed today via Property Partner, the world’s first property stock exchange. Individual investors together raised £2,992,800 of equity to purchase a state-of-the-art Purpose Built Student Accommodation (PBSA) block in central Newcastle*.
The landmark raise demonstrates investors’ continued desire to invest in the property sector and PBSA in particular. PBSA is the UK’s top performing property asset class, delivering higher average annual total returns (11.8 per cent) than residential (7.8 per cent) and commercial (7.4 per cent) property in the past five years …