Three large construction companies immediately invested in the platform

This week, an official deal was completed between construction companies: Nur Astana kuryly (NAK), Exclusive Qurylys, the Sheber group of companies and the first crowdfunding investment platform in Kazakhstan in the platform.

The partners have agreed on a new round of investment at a site cost estimate of $7 million. It is expected that these investments will expand the range of projects for co-ownership and give the company access to the markets of Russia and Uzbekistan.

As a reminder, is a real estate investment platform (REIP) that allows people to directly invest in real estate or construction from one square meter using a crowdfunding model. This investment model is gaining popularity all over the world, including in Kazakhstan.

“We see great potential in technologies that promote equity and transparency in investment. Our mission is to make the real estate market accessible and attractive to everyone,” says Arman Baev, founder of the platform.

Since its foundation, the company has received licenses from the Financial Services Regulatory Committee of the Astana International Financial Center and a certificate of compliance with Islamic finance issued by ACEFI. In addition, the company is a member of the tax regime of the Astana Hub technology park.

During the work, more than 24 objects appeared in the startup's portfolio, and the number of clients exceeded 1,500 people. Thanks to the platform, absolutely all interested parties, regardless of the amount of capital, can become owners of commercial premises from one square meter and subsequently earn money by renting or reselling it.

Recall that all participants of the Astana Hub Technopark receive tax preferences. Preferences exempt participants from paying taxes such as CIT, VAT, VAT on imports of goods, royalty tax, PIT and social tax for non-residents. Such a measure of state support allows IT companies to reinvest the saved funds in the development of their projects.

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