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HeroX Announces The Tokenisation Of The First Property In Australia

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HeroX Announces The Tokenisation Of The First Property In Australia

September 07
16:42 2021
Innovative property development company, HeroX, disrupts the global real estate market with the tokenization of the first property in Australia

The team at HeroX has again reiterated their commitment to delivering innovative solutions to meet the diverse needs of different stakeholders in the real estate market as the company tokenises the first property in Australia – Hero Templestowe Park. The move will deliver the future of investment to clients of HeroX as the company brings the global real estate market on-chain with fractionalisation and enhanced liquidity.

The global real estate market has grown to become a multi-billion-dollar industry. Over the years, several companies and solutions providers have emerged to deliver products to meet the growing and diverse needs of different stakeholders in the market. A recent report by The Business Research Company states that the global real estate market is projected to reach $3717.3 billion by 2025. Despite the amazing figures from the industry, the market still lags in terms of adopting the latest technology, in this case, blockchain. However, HeroX is looking to change this narrative one property at a time starting from Australia.

According to Herox, the future of property investment demands maximum capital efficiency and tokenization is the way to achieve this goal. The tokenization of properties will allow more investors to enter the real estate market, lowering the barriers and democratising access to the asset. It also offers data transparency, leveraging blockchain technology to enable the secure transfer of shares between investors, with each transaction reflected on the blockchain.

The first tokenized property in Australia is in a strategic location with high traffic to ensure the lucrativeness of the investment. The Hero Templestowe Park is close to 21 parks and has the Yarra River at the other end of the streets, making it an ideal location for investors looking for good returns.

The project is available to all categories of investors, including private equity funds, self-managed superannuation funds (SMSF), and other categories of investors looking to get into the Australian real estate market.

For more information about the tokenized property and other projects from HeroX, visit – https://www.herox.com.au/. HeroX can also be found across social media, including Facebook and LinkedIn.

About HeroX

HeroX is a real estate solutions provider founded by Dan Lazar and Carla Georgescu, to offer tech-enabled property development to different stakeholders in the industry. Headquartered in Melbourne, the company has more than 20 global partners that share the vision of using technology to create groundbreaking real estate solutions.

Media Contact
Company Name: HeroX
Contact Person: Dan
Email: Send Email
Phone: +61 450 308 198
Country: Australia
Website: https://www.herox.com.au/tokenization