Home Business Shojin launches joint venture in India as online real estate investment scaleup continues global expansion

Shojin launches joint venture in India as online real estate investment scaleup continues global expansion

by uma
44 views
gawdo

 

The partnership with Myre Capital in India will help to secure real estate investment opportunities for Shojin as it extends international presence 

London, 20 May 2022:  Shojin, an FCA-regulated online real estate investment platform, has formed a partnership with India’s largest Neo-Realty property investment platform, Myre Capital. The joint venture marks another milestone for Shojin’s expansion plans as it lowers the barriers to entry for investors looking to invest in institutional-grade real estate globally, with Dubai, Australia and South Africa likely to follow. 

Myre Capital is democratising real estate investments via its proprietary fractional ownership model, promoting diversity within a collaborative framework to optimise solutions from a multifaceted approach. Myre Capital has a broad reach of expertise, including architecture, real estate, engineering, computer science and finance. 

The new partnership will boost the investment firepower at Shojin’s disposal, as the company originates an increasing number of exciting UK development projects requiring funds. Investors using Myre Capital’s platform will be able to back Shojin’s UK real estate opportunities, with the goal in the near future for Shojin’s global investor pool to also access projects in India. Shojin recently completed its first overseas investment in Penang, Malaysia, known as the ‘Silicon Valley of the East’, where it raised over £850,000 for a luxury 20-apartment development.

Jatin Ondhia, CEO of Shojin, said: “We already know that the online real estate market is set to boom over the coming years, and this partnership with Myre Capital in India will ensure that Shojin remains at the forefront. There is a great deal of existing and growing middle market wealth in India and Myre Capital’s most recent research shows that millennial investors have an increased appetite for commercial real estate investment. The next generation of investors are looking for transparency, competitive returns and a tech-enabled experience, which is what online property investment offers. We look forward to working together towards the common goal of unlocking lucrative real estate opportunities for mass affluent investors and helping to spread wealth globally.”

Aryaman Vir, CEO, Myre Capital said: “With our first-of-its-kind exclusive partnership with Shojin, we are excited to bring a variety of opportunities to our investor base. With an aligned vision and robust framework, we will be able to curate a global selection of real estate investment opportunities.”

Shojin is an FCA-regulated online real estate investment platform enabling mass affluent and high net worth investors across the globe to invest in institutional-grade real estate developments and make superior returns.

Primarily focusing on funding UK mid-market residential, PRS (private rented sector), senior, and student accommodation developments, Shojin has a unique model of co-investing into every project and shares profits at the end, creating a perfect alignment of interest with investors.

Intelligent investors from over 40 countries are able to simply invest in lucrative real estate investments from as little as £5,000 and enjoy superior risk-adjusted returns. To date, Shojin has raised over £41m across 30 projects. 

 

www.gawdo.com

You may also like