GenoCrowd, a Partnership Between CrowdDesk and Raiffeisenbank, Publicizes First Securities Providing

GenoCrowd, a partnership between Raiffeisenbank im Hochtaunus and CrowdDesk, has introduced its first securities providing for a property mission in Leipzig.

GenoCrowd GmbH, a 100% subsidiary of CrowdDesk GmbH. Each GenoCrowd GmbH and CrowdDesk GmbH are corporations which can be unbiased of Raiffeisenbank im Hochtaunus eG. Raiffeisenbank cooperates with CrowdDesk on the funding crowdfunding platform every bringing their experience to the desk.  Raiffeisenbank brings in depth experience in actual property financing and community of business professionals.  CrowdDesk, based in 2011, supplies the tech stack and business companies to function the digital funding platform.

As for the primary providing, it’s for the Arthur-Hoffmann-Palais in Leipzig. The mission is for the renovation of the property, by AS group, which is utilizing the crowdinvesting platform.

Buyers might take part in a subordinated mortgage of €250,000 with a 2 12 months time period that pays a 5% rate of interest. There’s a €250 minimal to take part.

The AS group of corporations was based by Andreas Schrobback in Berlin in 2003 and now has places in Frankfurt am Fundamental, Leipzig, Cologne, and Magdeburg. The group concentrates on the renovation of historic buildings and the following advertising.