The platform supports individual investors with access to opportunities previously available only to the uber-wealthy.
Industrial property and last-mile distribution facility
NEW YORK, April 11, 2022 (GLOBE NEWSWIRE) -- Accrete, an alternative investment platform engineered to unlock private investment opportunities for the many, will include real estate investment opportunities starting today. Initial investment opportunities will focus on commercial properties. The first opportunity will enable individuals to participate in the purchase of industrial property and last-mile distribution facilities in the UK. The real estate portfolio will grow to include a diversified portfolio of multifamily, industrial, office, and hotel properties across high-potential markets globally.
Accrete works with experienced, tenured sponsors to underwrite direct investment opportunities and with funds to unlock access across several alternative asset classes. Accrete launched with private equity, growth, and credit assets across its direct and feeder fund platform, and now also includes real estate as an asset class. Accrete and its affiliated entities currently have over $800M in assets under management. By working with sponsors and combining the investment power of its users, the platform provides these opportunities with starting minimum investments at as low as $5,000.
"We are excited to unlock our first real estate investment opportunity for our members and are thrilled to work with Urbium Capital Partners to bring this opportunity to market," says Accrete Co-Founder and CEO Ali Shekofti.
"Urbium was established to create an exciting firm and franchise across European real estate. We are very excited about our partnership with Accrete and aligned with Accrete's mission to address the inequities in private capital markets and create a more inclusive ecosystem for wealth creation in real estate through our partnership," says Suliman AlAujan, Managing Partner at Urbium Capital Partners.
Investing in real estate is one approach that investors can take to hedge against inflation, since, historically, property values over time appreciate in tandem with the rate of inflation. Within commercial real estate, the warehouse and industrial spaces sector is in particularly high demand. Although long overlooked, this asset type has made a startling comeback because of the rise of e-commerce, especially after the outbreak of Covid. According to the Wall Street Journal, "industrial real-estate activity, such as lease renewals and new leases, jumped 43% from April 15 to May 14 from the previous 30-day period."