First case of Equity Crowdfunding in Italy applied to real estate, business network support dedicated to the collection of capital through international platforms and evolution of the Decree Law “Manovrina”, these topics of the conference “Equity Crowdfunding & Sharing Economy in Real Estate field” promoted by FIABCI Italia, Italian Chapter of the International Real Estate Federation, held on thursday June 29th, at the Villa di Delizie “Segnanino di San Pietro“, headquarter of IL PUNTO/CORFAC International, which saw as protagonists Habitarea Partecipazioni Spa, Crowdre.it and Raynaud Studio Legale.
“Since 1996 active in real estate development and building renovation projects, such as the Borgo Medievale of Colletta di Castelbianco (SV), the Borelli Castle with Park of the Mount Piccaro and the transformation of the former Olva industrial area with the plan of Borgo Città Nuova (Al) -affirms Carlo Pampirio, Sales Manager of Habitarea Partecipazioni Spa-, in 2008 we have embraced the project of Altare, as strong supporters of a sustainable and social building integrated with services for the community. The decommissioned industrial site “Ex Vetrerie Savam”, an interesting example of industrial archeology at the national level located in the municipality of Altare (Sv) in the Ligurian hinterland and for years in a state of degradation and abandonment, represents in Italian real estate the first case of Equity Crowdfunding aimed at full renewal -urban, economic and social- of a city, through a crowdinvesting where anyone can invest buying a stake.
The recovery, called ‘Città del Vetro‘, involves the regeneration of the area by the creation of workshops and workshops for the revival of the economy and the establishment of new activities, in particular in glass processing and green economy, alongside the construction of sustinable and social housing, a day care center dedicated to young and old people for aggregation activities and a vocational training center for courses, seminars and events. Our goal is to create economic and cultural excellence. Along with us, majority shareholders of Altare Srl, the strategic and financial arranger of the initiative are Crowdre.it and IL PUNTO, part of the American CORFAC International.”
“The Equity Crowdfunding –points out Giuseppe Allevi, co-founder of Crowdre.it– is a form of collective investment consisting in the subscription, through a web platforms, of a venture capital stake in the company, an innovative way to find financial resources oriented to start-ups, ideas and corporations, but also a form of sharing economy around a shared plan. Crowdre.it was born in 2014 as business network of advisors specialized in innovative crowdfunding aimed at PMI to social vocation, operating in Italy and in the USA through international platform agreements. It has personally developed a ‘owner investment model’ by which the landowner developer can easily collect the money needed to make own business venture by using Crowdre.it’s help as his advisor, as well as being involved in Its success with the signing of agreements that exalt its performances. The investors, on the other hand, will be able to participate in the venture capital through the WeAreStarting platform online, duly authorized by CONSOB. “
“Relevant news in the field of legislation concerns also the Equity Crowdfunding -Daniele Raynaud, Founder & Managing Partner of Raynaud Studio Legale-. The Financial Manuever (L 232/2016), together with the correction contained in the Manovrina (Dl 50/2017), today further expands the range of beneficiary companies, extending Equity Crowdfunding to all PMI, regardless of the social objectivity or activity and legal form. Still, the incentives for investment in Start-ups and Innovative PMI are enhanced, so that people well as companies can now enjoy a deduction of 30% of the amount invested in the share capital up to a maximum of 1 million of euro in the case of private individuals and a maximum of 1.8 million euro in the case of firms, facilitating the maintenance of the investment quota for a period of at least 3 years. The total crowdfunding amount for each single transaction can not exceed 5 million euros, which can well be accompanied by typical tools such as structured finance and bonds.”
“The new legislation – concludes Antonio Campagnoli, President FIABCI Italia and Partner/Founder of IL PUNTO/CORFAC International – is to be included in the broadest attempt by the government to promote the banking disintermediation. Real estate sector could benefit greatly from what happened in recent years in the United States, where they were collected – limiting to the brick – in 2016 $ 3.5 billion. Real estate crowdfunding, too, could well marry and implement the guidelines set out by the ‘New Urban Agenda’ approved by the United Nations General Assembly on December 23th 2016 about sustainability. In this sense, real estate can be a promoter of a sustainable economy based on sharing economy, where crowdfunding is a dowel together with modern forms of urban use, such as co-working and co-housing.
