trending Market Intelligence /marketintelligence/en/news-insights/trending/-ofUpnSeNi8cE3XaHH_OGg2 content esgSubNav
In This List

Peakside Capital rolling out 1st tokenized real estate fund

Blog

Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage

Blog

Insight Weekly: PE firms shift strategies; bank earnings kick off; bankruptcies plummet

Blog

Banking Essentials Newsletter: January 11th Edition

Blog

Insight Weekly: Stocks limp into 2023; GCC banks set for rebound; deep-sea mining faces pushback


Peakside Capital rolling out 1st tokenized real estate fund

Peakside Capital is partnering with blockchain platform Brickblock Ltd. to establish what would be the real estate investment manager's first tokenized real estate fund, PERE News reported.

The unnamed fund, expected to be launched in the first or second quarter of 2019, aims to raise "tens of millions of euros," according to the report. It would enable investors to buy and sell their equity stakes in the vehicle in minutes without any negotiation process. Investors in the fund would use the cryptocurrency Ethereum through Brickblock's blockchain technology to commit capital online, PERE noted.

The fund will potentially invest in core and core-plus office and mixed-use properties in Germany. The investor base is likely to include family offices and individuals, in addition to insurers, pension funds and other institutional backers, according to the news outlet.