BrickVest, the London-based online real estate investment platform, announces that it has partnered with BEOS, the German commercial property specialists, to offer an innovative new employee participation fund. The EPF will provide BEOS employees with the opportunity to invest in existing BEOS real estate offerings alongside their institutional investors.
The BrickVest/BEOS EPF is a multi-million co-investment fund, managed by BrickVest and independent from BEOS. BEOS employees invest securely via the BrickVest pan-European platform in high quality institutional real estate deals. The underlying asset, a €300m higher yielding German real estate portfolio, is being managed by BEOS.
BrickVest EPFs align the interests of all parties: sponsors, employees and investors. EPFs allow a real estate sponsor to offer its employees the opportunity to benefit from existing real estate deals, boosting motivation and commitment to the company. For employees, it provides access to in-house real estate deals through a tax efficient structure and a unique opportunity to invest alongside institutional investors in. EPFs democratise real estate investment opportunities and promote a strong alignment of interests.
This announcement represents the start of a series of services to be offered by BrickVest Solutions to sponsors in the fintech, regtech and proptech sectors. BrickVest Solutions will continue to provide services that are in line with BrickVest’s original pledges: access, quality, security and liquidity.
BrickVest is FCA approved and in February 2017, was the first real estate online platform to be granted a full-scope AIFM license with an EU-wide passport. BrickVest is permitted to market and manage a wide range of products across all member states and grow beyond the €100m assets under management threshold. The pan-European distribution platform expects strong demand as a result of this license with best-in-class institutional setup, enhanced secondary market, and its digital know-how with investors and sponsors.
