Tinkoff Capital Management Company will launch the closed investment fund “Tinkoff Square Meters”, an instrument that makes it possible to invest in real estate at a record low share cost of just a few rubles, the Tinkoff Capital Management Company said in a statement.
It was noted that the strategy focuses on secondary and residential real estate investments under construction and is designed for all investors, including unskilled ones.
Explaining that the investor will earn income due to the increase in real estate value by purchasing fund shares, the company reminded that the average cost per square meter in Moscow’s secondary and primary markets has increased in the last 5 years. by 70%, and in the last 10 years – more than 2 times.
“One of the fund’s strategies is to buy real estate during the construction phase and sell it at a higher price after it is put into operation. In the future, the fund plans to implement other strategies related to investments in the secondary housing market. One of the development options is to purchase the objects and then refurbish and resell them, the company said in a statement.
The management of the fund and the selection of investment objects are carried out by Tinkoff’s team of real estate market experts.
The first objects to be added to the Tinkoff Square Meter fund will be 11 objects from the Lunar premium residential complex located in the Gagarinsky district of Moscow near Vorobyovy Gory and Moscow State University. The residential complex is planned to be put into operation in the 4th quarter of 2023.
In the near future, the fund will include apartments in the Sky View premium complex located in the Presnensky district of Moscow.
According to Tinkoff Investments sales manager Dilshod Ibragimov, real estate is not called “reinforced concrete gold” for nothing.
“For many years, this asset has been considered the most popular and reliable way to invest among Russians. However, classic real estate is an asset with a very high entry threshold. More precisely, it was. Tinkoff Capital decided to invest in real estate and make the opportunity to monetize the increase in value accessible to everyone, regardless of portfolio size. So that everyone has another tool to diversify their portfolio and protect their savings from inflation,” Ibragimov concluded.
The company explained that the Tinkoff Square Meter fund is denominated in rubles and its assets are registered in the Russian Federation, which reduces risks.
Investment protection is also guaranteed by placing the trust funds in an escrow account. This means that the funds will be transferred to the developer only after the terms of the contract are met.