All invested funds are channeled for purchasing real estate properties that become property of the foundation and form its assets, creating the basis for the future growth and increase of its market value.
Investment, Platform, Real estate
The GENESIS international real estate fund was founded in early 2018. It was registered in Estonia in accordance with all of the relevant legislation and holds a licence granting it the right to carry out cryptocurrency operations. The fund has offices in Estonia, Spain and Russia, and will soon have representation in Switzerland.
The fund’s directors have been in the investment business for over 15 years. The investment portfolio of each of them contains commercial and trade locations in Germany, Spain and Russia.
The volume of deals made annually by the GENESIS fund’s team to date surpasses €50 million. Participants in the fund oversee trade and commercial buildings with a total area of 60,000m².
After purchasing and changing the management of each location, it nearly always begins to rake in 30-50% more profit than under its previous owner. This can be seen as a mark of the personal success of the fund’s directors.
The fund pursues two goals:
• To make real estate investments accessible to everyone.
• To facilitate the integration of real business with the digital economy.
The founders decided to create an international real estate fund relying on their 15-year experience in investment and building management. In addition, they put experienced experts in real estate appraisal on the payroll. Since GENESIS is also an electronic platform, it also employs the best automated system developers and blockchain technology specialists.
Blockchain technology is ideally suited for helping to reach both goals. Thanks to the blockchain, anyone can now buy a share of highly-profitable real estate. The size of the share and corresponding level of passive income depends solely on the number of tokens purchased by the investor.