This independent research identifies the elements needed to fully understand the real estate crowdfunding market, its players and trends by looking at the activity of the main platforms, their performance and the characteristics of the projects funded.
At the end of 2022, the RECF touched a cumulative collection of € 45.2 billion, an increase of 25.5 percent from the previous year. Active platforms surveyed by the research reached the threshold of 146.
At the EU level, the RECF raised about € 9.8 billion, of which € 2.8 billion in the last 12 months alone. The most important markets are France (which confirms itself as the market's reference point), Germany and Estonia.
As for the U.S. market, as of the end of 2022, the total cumulative collection value was $ 27.3 billion.
Italy continues its relentless growth. Lombardy is the center of development with 42 percent of projects, but differentiation to other regions continues to grow.
L’Italia continua la sua corsa, accelerando la sua crescita e preparandosi all’arrivo della normativa ESCP. La Lombardia è il baricentro dello sviluppo con il 50% dei progetti ma cresce la differenziazione verso altre regioni, soprattutto verso mete turistiche.
Platforms differ based on the type of investment (equity or lending), the structure of the relationship between lenders and fundraisers, the fees charged, and the level of liquidity of the investment, offering competitive returns commensurate with the risk.
The largest part of the funding comes from the lending segment. The financed real estate projects are more residential in nature (95%) with a boom in renovation interventions (87%) compared to new construction interventions (7%), while the remaining campaigns concern reconstruction after demolition or collections that are not directly related to a building intervention. Most interventions are in urban settings (67%, a decrease from last year).
