Fintech start-up MetaWealth partners with One United Properties in a EUR 20-million framework agreement for rental apartments that will give MetaWealth investors access to state-of-the-art residential projects developed by One United in Romania.
MetaWealth will list three new assets on the fintech platform. The first asset consists of 31 apartments in the exclusive One Lake District residential project, listed on May 7th. With an estimated total investment value of EUR 5.5 million, the investment is estimated by MetaWealth to generate 36% profit in 18 months. MetaWealth intends to hold the apartments for long term rental.
Michael Topolinski, MetaWealth co-founder and Chairman, says: “This is a milestone agreement for the Real Estate market in Romania, which validates the tokenization model that MetaWealth has been successfully implementing for more than a year now, in some of the most lucrative Real Estate markets in Europe.”
Richard McLaughlin-Duane, MetaWealth co-founder and Managing Director, Assets & Partnerships, adds: “MetaWealth gives local developers a global stage for showcasing their assets and provides individual investors from all over the world access to otherwise unreachable opportunities in profitable Real Estate markets. We are excited to have One United Properties on board in our mission to revolutionize Real Estate investment. I believe that our partnership takes the Romanian market to the next stage of development.”
Victor Căpitanu, co-founder and co-CEO One United Properties: “As part of our development strategy, we are embracing emerging technologies to further diversify our pool of buyers and investors. MetaWealth is a dynamic fintech that has managed to build an impressive reach and investor base around the world in only a year, and we are confident that our partnership will give us a competitive edge in an increasingly global digital market.”
One Lake District is an exclusive residential complex developed on the shore of Plumbuita Lake in Bucharest, which will offer modern apartments, amazing views, a lakefront location, sustainable principles, innovative design, and a range of integrated services.
Garrett Rocca, a highly experienced investor from Canada, said: “I look forward to investing in the project of one of the most trusted developers in Romania through MetaWealth. Launching One United Properties assets on the platform is great news, since it adds a new layer of valuable, high-quality, and lucrative assets accessible to individual investors like me. My current investment ticket is limited to 25,000 Euro, which doesn’t cover the total investment required to buy an entire apartment in One Lake District, but as a MetaWealth investor, I can enjoy the benefits of One United real estate without having to buy 100% of it.”
With a strong presence in Bucharest, Marbella, and Dublin, MetaWealth opens its London headquarters in July.
Since its launch last March, the revolutionary investment platform has successfully sold over USD 13 million of tokenized real estate. The fintech platform is actively exploring new investment opportunities, focusing on premium real estate assets valued between USD 4 million and USD 10 million in lucrative markets such as Spain, Greece, and Italy.
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