06.01.2022

Looking Back on 2021: A Year in Review

Gustas Germanavičius

Looking Back on 2021: A Year in Review

The results of the first year show that InRento is something that the real estate crowdfunding market was lacking for a while - a possibility to invest in lower-risk real estate projects.

InRento became the first platform in continental Europe to exclusively introduce rental property crowdfunding with the opportunity to earn income from interest and capital growth.

Rental income (interest) from most of InRento's projects is linked to inflation. This means that even with the country's inflation rate rising sharply, your real return on investment is not declining.

We pay great attention to security and for this reason, all investments found on InRento are secured by 1st rank mortgage. In fact, there is always an independent appraisal report attached to the project description, which shows the value of the assets.

Taking all these advantages into account shaped 2021 as a year of continuous growth for us. Just in the first year, we have attracted institutional investors and raised the most capital among all prop-tech companies in Lithuania (data: “Crunchbase”). Additionally, we have also acquired a competitor and funded 17 real estate projects in Lithuania and abroad.

I am glad that the dedication and expertise of our team have fostered investor trust, which I believe is the most significant achievement in 2021.

Gustas Germanavičius,
Founder and CEO of InRento

 

We have prepared an annual review for you:
- a year in numbers;
- unique advantages of the platform;
- plans for 2022.

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