Alternative financing will play a vital role in the future of the world’s economy

Marek Pärtel, Co-Founder & CEO of EstateGuru

Life has patterns and it’s enormously important to find yours. Everything will fall into place once you do. My mission in life over the last six years has been to help entrepreneurs who own small and medium-sized companies to realize their plans and allow people to gain financial freedom by investing in property-backed loans.

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How we are set up to protect your investments

We at EstateGuru, like everyone else in the world right now, are closely following the extreme measures our governments are taking to protect their economies. There’s no doubt that life on the planet will change and we will do our best to ensure that it changes for the better.

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The real estate market in Germany

Germany is the world’s third-largest exporter, the Eurozone’s largest economy and currently has one of the lowest unemployment rates in the world. Unfortunately, due to tensions in international trade and structural changes in the economy, the growth pace of the economy is below 1% and this is not expected to change in the coming years. Unemployment has remained at low levels throughout the last years (3,4% in 2019). In light of the shortage of skills in the labour force and programmes to support flexible working hours, worsening conditions in the labour market are not expected. 

Even though weak world trade growth has contributed to further reduction of industrial production and a slowdown in the German economy, the expansionary monetary and fiscal policy will continue to support the growth. At the same time, the weaker external demands are supported by domestic forces. Private consumption is supported by the growth of household disposable income due to fiscal policy measures and growth in wages. Therefore, despite the slowdown in the economy, German Consumer confidence remained high throughout 2019. The construction sector has remained robust and business confidence in the sector is strong. The slowing housing investment in the second quarter of 2019 was largely temporary and mild weather conditions enabled more construction during the winter months and real estate development companies are well stocked with upcoming projects. 

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Crowdfunding platforms and anti-money laundering activities (AML)

Participating in combating money laundering and terrorist financing plays an important role in ensuring the reliability of the financial system and business environment in general. As we are operating in different European countries and entering into new markets, EstateGuru  considers contributing to the fight against money laundering as one of the priority business tasks. Application of AML measures is an unavoidable part of being a sustainable crowdfunding platform, for creating trust and serving clients from different parts of the world.

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Why we are strengthening the payment process

EstateGuru has more than 42 000 investors and we are growing fast. Our investors come from many countries that have very different regulations for protecting private investors and requirements for payment service providers. Although crowdfunding does not yet have pan-European regulation in place, we have a fairly good idea of what constitutes best practise and what requirements will emerge:

  • Keeping funds securely and segregated
  • Making money movements transparent and traceable
  • Following AML/KYC procedures
  • Securing payments
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