SG’s Fraxtor, asset manager QIP tie up for property investment platform

Photo: Reuters

Singapore-based crowdfunding platform Fraxtor has partnered with private equity real estate firm Q Investment Partners (QIP) to offer an investment platform for institutional-grade real estate assets, the companies said in a statement Sunday.

The platform, called the Fraxtor Platform, will allow accredited investors to make investments starting from as little as 20,000 British pounds, the statement said.

Fraxtor, which is led in part by investors from the family office of Daniel Teo & Associates, sources deals globally to offer its base of co-investors on a blockchain-based platform.

Oliver Siah, CEO of Fraxtor, pointed to QIP’s strong track record in UK-based purpose-built student accommodation (PBSA), with around mid-teens returns in the segment over the past 10 years.

“I believe that the structural undersupply and proven long-term resilience of UK purpose-built student accommodation make it an extremely attractive and robust asset class,” Siah said in the statement. “The business of UK higher education is expected to see through the immediate challenges faster than many other business sectors and remain strong in the medium and long term.”

Peter Young, CEO of QIP, added the platform offered a new way for asset managers to raise funds and manage clients.

“Working with Fraxtor allows us to extend our reach to target a wider investor base, more importantly, democratise access into institutional-grade, alternative real estate opportunities,” Young said in the statement. “The entire investment experience from client on-boarding to the subscription is digitally enabled through the platform.”

Singapore investors will be able to use the MyInfo service from the city-state’s government to sign up for an account remotely, the statement said.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.