It hasn’t made great strides into Africa yet, but some companies are taking tentative steps. Property crowdfunding, in which developers attempt to cash in on the potential of ‘the crowd’ to raise money for developments, is starting to attract global attention
Property crowdfunding is one way for smaller developers and investors to access the tough property development market. Their individual investments are modest but the total sum is large, and they then enjoy a split of the revenue generated through rental or sale.
For developers, it presents a great opportunity to market a property on a new type of platform, and to obtain sufficient capital for the development to proceed.