London-based proptech Property Partner will offer shares in commercial properties through its platform, according to CEO Daniel Gandesha. The company is looking for a partner that can help it expand into the UK property market, which has been slow to develop since the financial crisis. Property Partner, which had £100m ($138m) in assets under management last December, said the UK commercial property sector had delivered an average annual return of 8.9% over the past two decades.
London-based proptech Property Partner will offer shares in commercial properties through its platform, according to CEO Daniel Gandesha. The move aims to open up the commercial property market to non-institutional investors, with the company allowing investors to sell their shares whenever they want. Property Partner, which had £100m ($138m) in assets under management last December, said the UK commercial property sector had delivered an average annual return of 8.9% over the past two decades.