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M119 (II)

M119 (II)

Crowdestor

open

148%
RaisedEUR 74,187.95
Min. TargetEUR 50,000.00
Annual yield16.00%
Total yield24.00%

N/A

Top-5 Poultry Farm in Baltic States

Top-5 Poultry Farm in Baltic States

Crowdestor

open

46%
RaisedEUR 46,938.52
Min. TargetEUR 100,000.00
Annual yield15.00%
Total yield18.75%

N/A

Agricultural company working capital

Agricultural company working capital

Crowdestor

open

284%
RaisedEUR 28,481.38
Min. TargetEUR 20,000.00
Annual yield18.00%
Total yield13.50%

N/A

M119 (III)

M119 (III)

Crowdestor

open

91%
RaisedEUR 45,583.08
Min. TargetEUR 50,000.00
Annual yield16.50%
Total yield22.00%

N/A

ACQUISITION OF NATURAL GAS AT SUMMER PRICES

ACQUISITION OF NATURAL GAS AT SUMMER PRICES

Crowdestor

open

731%
RaisedEUR 182,836.74
Min. TargetEUR 25,000.00
Annual yield23.00%
Total yield17.25%

N/A

Dizozols

Dizozols

Crowdestor

open

175%
RaisedEUR 175,127.39
Min. TargetEUR 100,000.00
Annual yield18.00%
Total yield13.50%

N/A

Vēja Street 4, Ādaži, Ādažu county, Latvia

Vēja Street 4, Ādaži, Ādažu county, Latvia

CrowdEstate

open

Development of twin house in prime waterfront location

19%
RaisedEUR 19,900.00
Min. TargetEUR 100,000.00
Annual yield11.00%
Total yield11.92%

27/04/2020  ■  -17 days

MORTGAGE BACKED FINANCING COMPANY

MORTGAGE BACKED FINANCING COMPANY

Crowdestor

financed

125%
RaisedEUR 500,000.00
Min. TargetEUR 400,000.00
Annual yield18.00%
Total yield36.00%

N/A

Renewable energy SALA13.3ha

Renewable energy SALA13.3ha

Crowdestor

financed

100%
RaisedEUR 30,000.00
Min. TargetEUR 30,000.00
Annual yield12.00%

N/A

Vormsates castle (II)

Vormsates castle (II)

Crowdestor

financed

150%
RaisedEUR 75,000.00
Min. TargetEUR 50,000.00
Annual yield15.00%
Total yield11.25%

N/A

Festival service provider

Festival service provider

Crowdestor

financed

142%
RaisedEUR 50,000.00
Min. TargetEUR 35,000.00
Annual yield13.00%
Total yield9.75%

N/A

Family house developer

Family house developer

Crowdestor

financed

200%
RaisedEUR 100,000.00
Min. TargetEUR 50,000.00
Annual yield13.40%
Total yield8.93%

N/A

Renewable energy SMIL6.9

Renewable energy SMIL6.9

Crowdestor

financed

100%
RaisedEUR 10,000.00
Min. TargetEUR 10,017.17
Annual yield10.00%

N/A

Workwear for Gas Station chain (II)

Workwear for Gas Station chain (II)

Crowdestor

financed

100%
RaisedEUR 9,000.00
Min. TargetEUR 9,000.00
Annual yield12.00%
Total yield6.00%

N/A

MODERN ITALIAN RESTAURANT ELZ

MODERN ITALIAN RESTAURANT ELZ

Crowdestor

financed

320%
RaisedEUR 80,000.00
Min. TargetEUR 25,000.00
Annual yield9.50%

N/A

Renewable energy

Renewable energy

Crowdestor

financed

100%
RaisedEUR 180,000.00
Min. TargetEUR 50,000.00
Annual yield14.00%

N/A

GEMO retailer in Riga

GEMO retailer in Riga

Crowdestor

financed

250%
RaisedEUR 50,000.00
Min. TargetEUR 20,000.00
Annual yield14.00%

N/A

Workwear for Gas Station chain

Workwear for Gas Station chain

Crowdestor

financed

100%
RaisedEUR 20,000.00
Min. TargetEUR 20,000.00
Annual yield12.00%
Total yield5.00%

N/A

Aqua Luna

Aqua Luna

Crowdestor

financed

250%
RaisedEUR 50,000.00
Min. TargetEUR 20,000.00
Annual yield12.50%
Total yield6.25%

N/A

Renewable energy SEJA14.5

Renewable energy SEJA14.5

Crowdestor

financed

200%
RaisedEUR 40,000.00
Min. TargetEUR 39,741.00
Annual yield11.00%
Total yield8.25%

N/A

Forestland investments

Forestland investments

Crowdestor

financed

100%
RaisedEUR 950,000.00
Min. TargetEUR 950,000.00
Annual yield18.00%

N/A

Advertising/Material Production (II)

Advertising/Material Production (II)

Crowdestor

financed

100%
RaisedEUR 200,000.00
Min. TargetEUR 10,000.00
Annual yield11.50%
Total yield4.79%

N/A

Advertising/Material Production (III)

Advertising/Material Production (III)

Crowdestor

financed

100%
RaisedEUR 10,000.00
Min. TargetEUR 10,000.00
Annual yield12.00%
Total yield7.00%

N/A

Vormsates castle

Vormsates castle

Crowdestor

financed

100%
RaisedEUR 348,914.00
Min. TargetEUR 348,914.00
Annual yield16.50%
Total yield24.75%

N/A

Biomass heating production plant

Biomass heating production plant

Crowdestor

financed

100%
RaisedEUR 950,000.00
Min. TargetEUR 950,000.00
Annual yield21.00%
Total yield42.00%

N/A

Construction company (public procurement)

Construction company (public procurement)

Crowdestor

financed

100%
RaisedEUR 100,000.00
Min. TargetEUR 100,000.00
Annual yield15.00%

N/A

Purchase of the shop

Purchase of the shop

Crowdestor

financed

240%
RaisedEUR 60,000.00
Min. TargetEUR 57,473.40
Annual yield12.00%

N/A

ELVI Grocery stores

ELVI Grocery stores

Crowdestor

financed

100%
RaisedEUR 200,000.00
Min. TargetEUR 41,922.00
Annual yield14.00%

N/A

Renewable energy (53.19ha)

Renewable energy (53.19ha)

Crowdestor

financed

180%
RaisedEUR 180,000.00
Min. TargetEUR 100,000.00
Annual yield18.00%
Total yield9.00%

N/A

Construction company working capital (office buildings) II

Construction company working capital (office buildings) II

Crowdestor

financed

100%
RaisedEUR 100,000.00
Min. TargetEUR 100,000.00
Annual yield14.00%

N/A

Latvian National Tennis Museum

Latvian National Tennis Museum

Crowdestor

financed

200%
RaisedEUR 20,000.00
Min. TargetEUR 10,000.00
Annual yield12.00%
Total yield6.00%

N/A

Ledurgas apartments renovation

Ledurgas apartments renovation

Crowdestor

financed

100%
RaisedEUR 730,000.00
Min. TargetEUR 250,000.00
Annual yield16.50%

N/A

Taka Bar

Taka Bar

Crowdestor

financed

100%
RaisedEUR 40,000.00
Min. TargetEUR 40,000.00
Annual yield16.00%
Total yield24.00%

N/A

Working capital for a chain of Pet Food and Pet Accessories

Working capital for a chain of Pet Food and Pet Accessories

Crowdestor

financed

122%
RaisedEUR 122,796.00
Min. TargetEUR 100,000.00
Annual yield17.50%
Total yield21.88%

N/A

Forestland investments (122 ha)

Forestland investments (122 ha)

Crowdestor

financed

213%
RaisedEUR 213,608.00
Min. TargetEUR 75,608.88
Annual yield16.00%

N/A

Renewable energy (MAZ18,6)

Renewable energy (MAZ18,6)

Crowdestor

financed

175%
RaisedEUR 35,000.00
Min. TargetEUR 35,043.68
Annual yield10.00%

N/A

Construction company working capital (office buildings)

Construction company working capital (office buildings)

Crowdestor

financed

100%
RaisedEUR 100,000.00
Min. TargetEUR 100,000.00
Annual yield14.00%
Total yield28.00%

N/A

Warehouse Daugavpils

Warehouse Daugavpils

Crowdestor

financed

100%
RaisedEUR 150,000.00
Min. TargetEUR 150,000.00
Annual yield12.80%
Total yield19.20%

N/A

Construction company working capital

Construction company working capital

Crowdestor

financed

100%
RaisedEUR 50,000.00
Min. TargetEUR 50,000.00
Annual yield15.00%

N/A

Forest exploitation

Forest exploitation

Crowdestor

financed

100%
RaisedEUR 180,000.00
Min. TargetEUR 180,000.00
Annual yield14.00%
Total yield10.50%

N/A

Renovation of historical apartment building on Miera Street

Renovation of historical apartment building on Miera Street

Crowdestor

financed

100%
RaisedEUR 750,000.00
Min. TargetEUR 750,000.00
Annual yield19.50%
Total yield14.63%

N/A

Industrial business center Tvaikonis

Industrial business center Tvaikonis

Crowdestor

financed

100%
RaisedEUR 700,000.00
Min. TargetEUR 700,000.00
Annual yield20.70%
Total yield41.40%

N/A

Renovation of historical apartment building

Renovation of historical apartment building

Crowdestor

financed

100%
RaisedEUR 100,000.00
Min. TargetEUR 100,000.00
Annual yield14.50%
Total yield21.75%

N/A

Meat Chef in Old Town

Meat Chef in Old Town

Crowdestor

financed

250%
RaisedEUR 125,000.00
Min. TargetEUR 50,000.00
Annual yield14.00%
Total yield21.00%

N/A

Shopping mall equipment

Shopping mall equipment

Crowdestor

financed

200%
RaisedEUR 40,000.00
Min. TargetEUR 39,953.06
Annual yield12.00%

N/A

Old Town - Kaleju 57

Old Town - Kaleju 57

Crowdestor

financed

212%
RaisedEUR 850,000.00
Min. TargetEUR 810,997.44
Annual yield19.00%

N/A

Renewable energy (RAM 61,9ha)

Renewable energy (RAM 61,9ha)

Crowdestor

financed

390%
RaisedEUR 195,000.00
Min. TargetEUR 197,689.96
Annual yield16.00%

N/A

XII Latvian School Youth Song and Dance Celebration (Promo materials)

XII Latvian School Youth Song and Dance Celebration (Promo materials)

Crowdestor

financed

100%
RaisedEUR 12,900.00
Min. TargetEUR 12,900.00
Annual yield12.00%
Total yield6.00%

N/A

Modern Compact Houses

Modern Compact Houses

TFGcrowd

financed

150%
RaisedEUR 150,610.00
Min. TargetEUR 100,000.00
Annual yield18.90%

N/A

E. Fon Trompowsky Quarter (II)

E. Fon Trompowsky Quarter (II)

Crowdestor

financed

180%
RaisedEUR 180,000.00
Min. TargetEUR 150,000.00
Annual yield19.00%
Total yield36.42%

N/A

Renewable energy (LIM 27ha)

Renewable energy (LIM 27ha)

Crowdestor

financed

180%
RaisedEUR 90,000.00
Min. TargetEUR 50,000.00
Annual yield16.00%

N/A

Production of the Quarter report book

Production of the Quarter report book

Crowdestor

financed

100%
RaisedEUR 3,600.00
Min. TargetEUR 3,600.00
Annual yield12.00%
Total yield1.00%

N/A

Forestland investments (II)

Forestland investments (II)

Crowdestor

financed

300%
RaisedEUR 300,000.00
Min. TargetEUR 294,508.96
Annual yield16.00%

N/A

Ciekurkalns

Ciekurkalns

Crowdestor

financed

295%
RaisedEUR 147,602.00
Min. TargetEUR 281,547.90
Annual yield12.00%

N/A

E. Fon Trompowsky Quarter

E. Fon Trompowsky Quarter

Crowdestor

financed

137%
RaisedEUR 550,000.00
Min. TargetEUR 123,394.11
Annual yield19.00%
Total yield38.00%

N/A

Dizozols (261(I))

Dizozols (261(I))

Crowdestor

financed

200%
RaisedEUR 200,000.00
Min. TargetEUR 100,000.00
Annual yield18.00%
Total yield13.50%

N/A

Renovation of historical apartment building on Miera Street (II)

Renovation of historical apartment building on Miera Street (II)

Crowdestor

financed

390%
RaisedEUR 195,000.00
Min. TargetEUR 50,000.00
Annual yield14.80%
Total yield9.87%

N/A

Forestland investments (59 ha)

Forestland investments (59 ha)

Crowdestor

financed

195%
RaisedEUR 156,089.00
Min. TargetEUR 80,000.00
Annual yield16.00%

N/A

Renewable energy (IEC 14ha)

Renewable energy (IEC 14ha)

Crowdestor

financed

200%
RaisedEUR 30,000.00
Min. TargetEUR 15,000.00
Annual yield16.00%

N/A

M119 Hostel (II)

M119 Hostel (II)

Crowdestor

financed

200%
RaisedEUR 100,000.00
Min. TargetEUR 50,000.00
Annual yield16.50%
Total yield22.00%

N/A

NOI retailer in Riga

NOI retailer in Riga

Crowdestor

financed

166%
RaisedEUR 50,000.00
Min. TargetEUR 69,222.00
Annual yield14.00%

N/A

Used vehicles dealer

Used vehicles dealer

Crowdestor

financed

224%
RaisedEUR 112,073.00
Min. TargetEUR 125,170.42
Annual yield13.00%

N/A

Drum School (equipment)

Drum School (equipment)

Crowdestor

financed

146%
RaisedEUR 22,000.00
Min. TargetEUR 15,000.00
Annual yield13.00%
Total yield5.42%

N/A

Construction company working capital (office buildings) IV

Construction company working capital (office buildings) IV

Crowdestor

financed

200%
RaisedEUR 50,000.00
Min. TargetEUR 25,000.00
Annual yield14.00%
Total yield18.67%

N/A

Construction company working capital (office buildings) III

Construction company working capital (office buildings) III

Crowdestor

financed

250%
RaisedEUR 50,000.00
Min. TargetEUR 20,000.00
Annual yield14.00%
Total yield21.00%

N/A

Renewable energy SALA 13.3ha

Renewable energy SALA 13.3ha

Crowdestor

financed

92%
RaisedEUR 26,193.78
Min. TargetEUR 28,471.50
Annual yield12.00%

N/A

Family house developer (Minst19)

Family house developer (Minst19)

Crowdestor

financed

100%
RaisedEUR 450,000.00
Min. TargetEUR 75,000.00
Annual yield13.40%
Total yield8.93%

N/A

Promotional materials for government institution (II)

Promotional materials for government institution (II)

Crowdestor

financed

190%
RaisedEUR 19,000.00
Min. TargetEUR 10,000.00
Annual yield12.00%
Total yield8.00%

N/A

Promotional materials for government institution (I)

Promotional materials for government institution (I)

Crowdestor

financed

225%
RaisedEUR 45,000.00
Min. TargetEUR 9,000.00
Annual yield11.00%
Total yield5.50%

N/A

Ledurgas apartments renovation (Final round)

Ledurgas apartments renovation (Final round)

Crowdestor

financed

222%
RaisedEUR 78,000.00
Min. TargetEUR 35,000.00
Annual yield14.50%

N/A

Briezu iela 7a, Riga, LV-1034 Latvia

Briezu iela 7a, Riga, LV-1034 Latvia

CrowdEstate

financed

The construction of Briezu 7A apartment building started at the peak of the real-estate boom in 2006. 2008 market crash stopped the construction activities and eventually the project changed ownership. The Sponsor acquired this development project from Swedbank’s Latvia real-estate unit 3 years ago. Crowdestate investors have the opportunity to fund the construction of this building in the amount of 750 000 EUR. The investment term of the project is up to 24 months with the expected interest rate of 15% per annum.

100%
RaisedEUR 750,000.00
Min. TargetEUR 750,000.00
Annual yield15.00%
Total yield30.00%

30/09/2016

Saules aleja 2A, LV-1002, Riga

Saules aleja 2A, LV-1002, Riga

CrowdEstate

financed

Residential development in Agenskalns

100%
RaisedEUR 950,000.00
Min. TargetEUR 950,000.00
Annual yield20.46%
Total yield95.48%

31/03/2017

Balozu 7, LV-1048, Riga

Balozu 7, LV-1048, Riga

CrowdEstate

financed

Boutique residential development in Agenskalns

100%
RaisedEUR 400,000.00
Min. TargetEUR 400,000.00
Annual yield21.20%
Total yield74.20%

02/04/2017

Agenskalna 24, LV-1046, Riga

Agenskalna 24, LV-1046, Riga

CrowdEstate

financed

Residential development in Agenskalns

100%
RaisedEUR 500,000.00
Min. TargetEUR 500,000.00
Annual yield20.81%
Total yield72.84%

19/05/2017

Juglas Jauda

Juglas Jauda

CrowdEstate

financed

This investment offers Crowdestate investors an opportunity to finance the buyout of 100% shares of energy production company in Latvia. Energy production plant operates a cogeneration and biomass plant that generates and sells electricity and heat in Riga city. The purpose of the deal carried out by the Sponsor (team of energy sector professionals Janis Timma and Agris Sipkovs) is to buy out 100% shares of the energy production company from its current owners. The Sponsor is investing EUR 1,800,000 equity to fund the transaction.   Additionally, the Sponsor (through their SPV SIA Creati 1) is looking forward to raising EUR 1,500,000 additional funding from Crowdestate investors to complete the transaction. Total interest rate per base scenario is 23% per annum: 8% per annum interest paid out quarterly, 15% per annum interest and investment principal at the end of investment period. The loan term of the Project is up to 72 months but according to the base scenario, the Sponsor will make an early repayment of the loan between 24 - 36 months. In case of the base scenario, the early repayment will take place in 36 months, and the expected return on invested capital (IRR) in that case is 21. 01 % per annum. The main exit scenario of the project, based on the free cash flow and reduced principal to Nordea bank Latvia, is refinancing Crowdestate’s investor’s loan with a new senior loan issued by the bank.

150%
RaisedEUR 1,500,000.00
Min. TargetEUR 1,000,000.00
Annual yield21.01%
Total yield126.06%

27/09/2017

Mezkalna 4, LV-1058 Riga, Latvia

Mezkalna 4, LV-1058 Riga, Latvia

CrowdEstate

financed

This real estate development Project, located at Mežkalna iela 4 (new address Ozolciema iela 4), Riga, Latvia, will consist of the acquisition of residential land plot, completion of architectural design and technical drawings. The aim of this real estate investment is to allow the developer to submit the documents for approval, receive the preliminary building permit within the next 6 months and to prepare the project for construction activities. Mežkalna iela 4 (project name Dienvidu Pakavs 3) is a land plot with a perspective development area of 18 882 m2 (above ground Gross Buildable Area, or the GBA), that would consist of up to 211 economy class apartments with a total net sellable area of 12 669 m2. The total plot size is 14 978 m2. The Sponsor to the project is RAC Holding OÜ (Estonia), owning 100% of the project company SIA Mezkalna Invest (Latvia), which would own the property located at Mežkalna iela 4, Riga. RAC Holding is effectively owned by the team of real estate developers, that crowdfunded their Briezu 7 development project through Crowdestate. The sponsor is planning to raise 750 000 - 1 025 000 EUR on one or more tranches. The duration of this real estate investment opportunity is 18 months, with an early partial or full redemption option after 12 months. The Project offers Crowdestate's investors a fixed interest rate of 15% p. a. with the first interest payment in 12 months. This real estate investment opportunity is secured by 1st charge mortgage on the Mežkalna iela 4 property (to be acquired, collateral value EUR 0. 95 million) and by 1st charge mortgage on the property at Briezu iela 9, Riga (collateral value EUR 1. 1 million).

136%
RaisedEUR 1,025,000.00
Min. TargetEUR 750,000.00
Annual yield15.00%
Total yield23.75%

14/12/2017

Strelnieku 4B, LV-1010 Riga, Latvia

Strelnieku 4B, LV-1010 Riga, Latvia

CrowdEstate

financed

Boutique residential development in the valued Art Nouveau district

100%
RaisedEUR 720,000.00
Min. TargetEUR 720,000.00
Annual yield18.55%
Total yield51.01%

20/12/2017

R. Feldmana 2, LV-1014, Riga

R. Feldmana 2, LV-1014, Riga

CrowdEstate

financed

Mezaparks Residences by Lake Kisezers

157%
RaisedEUR 1,575,000.00
Min. TargetEUR 1,000,000.00
Annual yield23.26%
Total yield52.34%

31/01/2018

Jaunsaules iela 1, LV-1083 Riga

Jaunsaules iela 1, LV-1083 Riga

CrowdEstate

financed

Botanique lofts located close to the Botanical Garden, will be a unique type of residential project - an old 3-story telecommunication building will be turned into stylish, high ceiling studio apartments perfectly suitable for students as well as expats and new families. The construction financing of the project will be separated into 6 campaigns organized according to the construction progress. The campaigns will amount from 40,000 to 275 000 EUR each (total investment amount up to 1,115,000 EUR). The expected return of each campaign will be 12,7% and fixed interest rate set at 13,5%. The total timeline of the project is expected to be 24 months - 12 months for reconstruction and 12 months for sale of apartments.  According to the financial model, the loans would be returned and interest paid out latest by January 2020. As the Sponsor is obliged to return 70% of sales revenues to Crowdestate investors, the actual loan period may turn out to be shorter.

100%
RaisedEUR 275,000.00
Min. TargetEUR 275,000.00
Annual yield12.70%
Total yield25.40%

13/06/2018

Olaines Enerģija

Olaines Enerģija

CrowdEstate

financed

This investment offers Crowdestate investors an opportunity to refinance a part of shareholders equity of an operating natural gas cogeneration plant located in Olaine, Latvia. Total interest rate per base scenario is 18% per annum: 5% per annum interest paid out quarterly, 13% per annum interest and investment principal at the end of the investment period.  The loan term is up to 48 months but according to the base scenario, the Sponsor will make an early repayment of the loan after 36 months, refinancing it with a debt from the current senior lender - Luminor Bank. In the case of the base scenario, the early repayment will take place after 36 months, and the expected return on invested capital (IRR) will be 15. 01% per annum. The loan is secured by a 2nd rank pledge on 100% shares of SIA Olaines Enerģija, 100% shares and assets of Target, and by a personal guarantee by Janis Timma.

144%
RaisedEUR 360,200.00
Min. TargetEUR 500,000.00
Annual yield15.01%

07/12/2018

Estera Development (I) Makonkalns

Estera Development (I) Makonkalns

CrowdEstate

financed

This project consists of providing a secured loan on the back of a collateral: Makonkalns development area on Riga city border in Kekava (Collateral). The development is designed for affordable economy class apartments aimed at local buyers in Riga, Latvia.  The Sponsor, Estera Development OÜ, will use the funds raised from the current fundraising to provide construction equity financing to a new development they intend to put into construction in Q1 2019 called Liepziedi 2 (second stage of Briezu 7a development). The repayment of the current loan is envisaged from sales proceeds from Liepziedi 2 development as well as from sales proceeds of remaining apartments in Liepziedi 1 and Tuvidi project. This investment opportunity offers a fixed interest rate of 13,5% p. a. with the first interest payment in 12 months. The remaining interest and principal will be paid at the end of the loan term.  It's secured by 1st rank mortgage on the Melnalkšņi”, “Vairumbāze”, “Akmenskalni”, “Virskalni”, “Zaļaiskalns” land plots in Kekava municipality, Latvia, with the combined collateral value of EUR 1 400 000. The duration is 24 months with a possible early partial or full exit. This is the first tranche of several, nevertheless, the maximum LTV (loan to value ratio) for all tranches shall be 50%.  

225%
RaisedEUR 450,000.00
Min. TargetEUR 200,000.00
Annual yield13.50%
Total yield25.88%

31/12/2018

Estera Development (II) Makonkalns

Estera Development (II) Makonkalns

CrowdEstate

financed

This project consists of providing a secured loan on the back of collateral: Makonkalns development area on Riga city border in Kekava (Collateral). The development is designed for affordable economy class apartments aimed at local buyers in Riga, Latvia.  The Sponsor, Estera Development OÜ, will use the funds raised from the current fundraising to provide construction equity financing to a new development they intend to put into construction in Q1 2019 called Liepziedi 2 (second stage of Briezu 7a development). The repayment of the current loan is envisaged from sales proceeds from Liepziedi 2 development as well as from sales proceeds of remaining apartments in Liepziedi 1 and Tuvidi project. This investment opportunity offers a fixed interest rate of 13,5% p. a. with the first interest payment in 12 months. The remaining interest and principal will be paid at the end of the loan term.  It's secured by 2nd rank mortgage on the Melnalkšņi”, “Vairumbāze”, “Akmenskalni”, “Virskalni”, “Zaļaiskalns” land plots in Kekava municipality, Latvia, with the combined collateral value of EUR 1 400 000. The duration is 24 months with a possible early partial or full exit. This is the second tranche of this project, nevertheless, the maximum LTV (loan to value ratio) for all tranches shall be 50%.  

166%
RaisedEUR 250,000.00
Min. TargetEUR 150,000.00
Annual yield13.50%
Total yield27.00%

16/03/2019

Estera Development Holding

Estera Development Holding

CrowdEstate

financed

This opportunity consists of providing an unsecured loan to Estera Development Holding OÜ (Estonia), a holding company owning land plots in three attractive locations in Riga and its metro area (Latvia).  The aim of this Project is to allow the Sponsor to partly restructure its current capital structure and to provide financing for preparing its Latvian development land holdings for construction of apartments. The Sponsor, Estera Development Holding OÜ operates through wholly owned Latvian subsidiary companies, which are owners and developers of formentioned land portfolio.  The same team has previously successfully concluded three funding campaigns through Crowdestate: Briezu 7a development project (funds returned to investors with early redemption), Mezkalna 4 development project (currently ongoing), Estera Development Makonkalns (currently ongoing). The repayment of the current loan is envisioned through sales of prepared land areas for development to new investors attracted by Estera Development before the start of construction. The Sponsor is planning to raise subordinated unsecured loans in total amount of EUR 750,000 to EUR 1,500,000 in one or several tranches. Shareholders of the Sponsor undertake to subscribe at least EUR 357,000 and up to EUR 750,000 of the total campaign amount.  The duration of this investment opportunity is 30 months with maturity date set on 31. 12. 2021. The Sponsor is entitled for an early partial or full redemption option after 12 months after settlement of the loan agreement.  Interest rate is fixed on 19% per annum, the Sponsor has committed to yearly interest payments with 12 months payment interval. The calculated internal rate of return (IRR) for this opportunity is 19,0%.

272%
RaisedEUR 1,500,000.00
Min. TargetEUR 550,000.00
Annual yield19.00%
Total yield49.08%

23/05/2019

Nemco (I)

Nemco (I)

CrowdEstate

financed

The purpose of this project is to finance the purchase of rental machinery for Latvian company SIA Nemco.  The total amount of the purchase will be 750 400 EUR all funded by Crowdestate investors. The minimum goal of the campaign is 350 000 EUR.  The loan is issued for a 36-month period with an interest rate of 13% per annum.  If the loan will be repaid prior to 12 months of its term, additional interest will be added which could possibly increase investors’ return. This investment opportunity offers quarterly interest payments.  The loan will be secured by previously purchased rental equipment (750 000 EUR) and currently purchased machinery.

112%
RaisedEUR 394,800.00
Min. TargetEUR 350,000.00
Annual yield13.00%
Total yield39.00%

31/05/2019

Ozolciema 4, LV-1058, Riga, Latvia

Ozolciema 4, LV-1058, Riga, Latvia

CrowdEstate

financed

This investment project offers an opportunity to invest in a mortgage secured loan. Raised capital will be used for refinancing existing loans. The object of this investment opportunity is a development property,  located at Ozolciema iela 4, Riga, Latvia. Ozolciema iela 4 (project name Dienvidu Pakavs 3) is a land plot with area of 14 978 m2. Development has obtained a building permit, allowing to build 19 644 m2 in two construction phases (above ground Gross Buildable Area, or the GBA), that would consist of up to 232 economy class apartments.  The Sponsor to the project is SIA Mezkalna Invest (Latvia), owner of the property located at Ozolciema iela 4, Riga. Founders of SIA Mezkalna Invest have previously funded the acquisition and further development of the same property by Crowdestate investors. 50% of this loan is prematurely returned. With this investment round, Crowdestate investors will refinance the current Crowdestate loan, as the Sponsor predicts a faster price increase for apartments than for construction prices in Riga for the next two years, and therefore sees the opportunity to make the project more profitable by postponing construction by two years. The sponsor is planning to raise EUR 550,000. The duration of this real estate investment opportunity is 24 months with an early partial or full redemption option after 12 months. The Project offers Crowdestate's investors a fixed interest rate of 13,5% p. a. with annual interest payments. The first interest payment is due in 12 months.  This real estate investment opportunity is secured by 1st charge mortgage on the Ozolciema iela 4 property. Collateral value is EUR 1. 1 million. Loan to value ratio (LTV) in this opportunity is therefore 50%.

100%
RaisedEUR 550,000.00
Min. TargetEUR 550,000.00
Annual yield13.50%
Total yield27.00%

05/07/2019

Nemco (II)

Nemco (II)

CrowdEstate

financed

The purpose of this project is to finance the purchase of rental machinery for Latvian company SIA Nemco.  The total amount of the purchase will be 195 500 EUR all funded by Crowdestate investors.  The loan is issued for a 24-month period with an interest rate of 13. 5% per annum.  If the loan will be repaid prior to 12 months of its term, additional interest will be added which could possibly increase investors’ return. This investment opportunity offers quarterly interest payments, the principal will be paid at the end of the loan term. The loan will be secured by previously purchased rental equipment and currently purchased machinery.

100%
RaisedEUR 195,500.00
Min. TargetEUR 195,500.00
Annual yield13.50%
Total yield27.00%

09/09/2019

SIA BJGC

SIA BJGC

CrowdEstate

financed

The goal of this investment opportunity is to refinance SIA BJGC’s existing liabilities towards the bank. SIA BJGC has presented several collaterals to secure the loan (in project description), as well as have several projects in the pipeline for the upcoming years with total worth over 3 MEUR, biggest being flood preventing project in Riga (1,3 MEUR) and lake dredging in Kazakhstan (2,9 MEUR).  SIA BJGC operates mainly in the Baltic market and develops service export. SIA BJGC has several competitive advantages over others in the industry:SIA BJGC is the only aquatory and waterway dredging and purification specialist in the Baltics. As well as the only representative of the German technology (HUESKER GmbH) in the Baltics. SIA BJGC provides environmentally friendly water treatment: the pumped material is placed in geosynthetic containers, dewatered and stored/recycled. The sludge or sediment is treated with a flocculant, which allows the contaminated part to be separated and dewatered, producing dry soil. The process does not require the usage of sea dumpsSIA BJGC specializes in closed water area services.  The total investment amount of SIA BJGC campaign is 700 000 EUR with the annual interest of 14% over a 24-month period. Interest and principal payments are made quarterly.

100%
RaisedEUR 700,000.00
Min. TargetEUR 700,000.00
Annual yield14.00%
Total yield26.83%

06/01/2020

Shopping mall promotional material

Shopping mall promotional material

Crowdestor

repaid

100%
RaisedEUR 10,000.00
Min. TargetEUR 10,000.00
Annual yield11.00%
Total yield3.67%

N/A

Renovation of historical apartment building (II)

Renovation of historical apartment building (II)

Crowdestor

repaid

100%
RaisedEUR 40,000.00
Min. TargetEUR 30,000.00
Annual yield14.50%
Total yield21.75%

N/A

Renovation of eclecticism style building (III)

Renovation of eclecticism style building (III)

Crowdestor

repaid

100%
RaisedEUR 60,000.00
Min. TargetEUR 85,000.00
Annual yield14.00%
Total yield3.50%

N/A

Advertising/Material Production (I)

Advertising/Material Production (I)

Crowdestor

repaid

100%
RaisedEUR 10,000.00
Min. TargetEUR 10,000.00
Annual yield11.00%
Total yield3.67%

N/A

Drum School

Drum School

Crowdestor

repaid

100%
RaisedEUR 40,000.00
Min. TargetEUR 40,000.00
Annual yield14.00%
Total yield7.00%

N/A

TOP-5 egg production company in Baltic States

TOP-5 egg production company in Baltic States

Crowdestor

repaid

100%
RaisedEUR 46,938.00
Min. TargetEUR 46,938.00
Annual yield15.00%
Total yield18.75%

N/A

Katolu iela 9, LV-1003 Riga

Katolu iela 9, LV-1003 Riga

CrowdEstate

closed

Rental apartment building at Katolu street

13%
RaisedEUR 223,900.00
Min. TargetEUR 1,650,000.00
Annual yield7.19%
Total yield21.57%

16/04/2018

Financing of opening a mixed hotel/hostel project in Old Riga

Financing of opening a mixed hotel/hostel project in Old Riga

Envestio

defaulted

N/A
Min. TargetEUR 250,000.00
Annual yield19.00%

N/A

Meža Veltes

Meža Veltes

Kuetzal

defaulted

SIA Meža Veltes is engaged in the manufacture of high-quality cranberry products. They are proud that the recipe for manufacturing their products in the territory of Latvia has not changed since 1991.

75%
RaisedEUR 45,000.00
Min. TargetEUR 60,000.00
Annual yield13.00%
Total yield26.00%

N/A

Optilog

Optilog

Kuetzal

defaulted

Transport Company Optilog was founded in 2006. Over the years of doing business the Company has gained the character of a sustainable and reliable partner.

65%
RaisedEUR 78,000.00
Min. TargetEUR 120,000.00
Annual yield13.00%
Total yield26.00%

N/A

Crypto-mining container #2

Crypto-mining container #2

Kuetzal

defaulted

ECMA is constructing crypto-mining container and filling it with self-made crypto-mining servers.

65%
RaisedEUR 520,000.00
Min. TargetEUR 800,000.00
Annual yield18.00%
Total yield36.00%

N/A

Spilve Twinhouse #2

Spilve Twinhouse #2

Kuetzal

defaulted

SIA AA Development in using brand new thermo block technology to construct two twinhouses in demanded area of Riga- Spilve.

100%
RaisedEUR 265,000.00
Min. TargetEUR 265,000.00
Annual yield18.50%

N/A

Spilve Twinhouse

Spilve Twinhouse

Kuetzal

defaulted

SIA AA Development in using brand new thermo block technology to construct two twinhouses in demanded area of Riga- Spilve.

100%
RaisedEUR 265,000.00
Min. TargetEUR 265,000.00
Annual yield19.00%

N/A

Shredder machine

Shredder machine

Kuetzal

defaulted

SIA VM Cargo Service is purchasing a wood-fractioning machine for further sub-rent for companies from Latvia and Estonia.

100%
RaisedEUR 250,000.00
Min. TargetEUR 250,000.00
Annual yield20.00%
Total yield40.00%

N/A

VV Line

VV Line

Kuetzal

defaulted

SIA “VV Line” is official representative of “Kässbohrer Fahrzeugwerke GmbH” in Baltics

100%
RaisedEUR 200,000.00
Min. TargetEUR 200,000.00
Annual yield10.00%

N/A

Alborg Petrol

Alborg Petrol

Kuetzal

defaulted

Europe’s independent petroleum commodities trading house

100%
RaisedEUR 850,000.00
Min. TargetEUR 850,000.00
Annual yield20.50%
Total yield41.00%

N/A

High-end Row-House in Marupe #4

High-end Row-House in Marupe #4

Kuetzal

defaulted

SIA “AA Development” is developing and constructing 4-section Row-House in one of the most actively developing neighborhood of Riga - Marupe.

100%
RaisedEUR 580,000.00
Min. TargetEUR 580,000.00
Annual yield18.50%

N/A

High-end Row-House in Marupe #3

High-end Row-House in Marupe #3

Kuetzal

defaulted

SIA “AA Development” is developing and constructing 4-section Row-House in one of the most actively developing neighborhood of Riga - Marupe.

100%
RaisedEUR 580,000.00
Min. TargetEUR 580,000.00
Annual yield19.00%

N/A

High-end Row-House in Marupe #2

High-end Row-House in Marupe #2

Kuetzal

defaulted

SIA “AA Development” is developing and constructing 4-section Row-House in one of the most actively developing neighborhood of Riga - Marupe.

100%
RaisedEUR 580,000.00
Min. TargetEUR 580,000.00
Annual yield19.00%

N/A

High-end Row-House in Marupe

High-end Row-House in Marupe

Kuetzal

defaulted

SIA “AA Development” is developing and constructing 4-section Row-House in one of the most actively developing neighborhood of Riga - Marupe.

100%
RaisedEUR 580,000.00
Min. TargetEUR 580,000.00
Annual yield19.50%

N/A

Velox Row-House

Velox Row-House

Kuetzal

defaulted

SIA “AA Development” in cooperation with SIA “Velox Latvija” is designing, constructing and developing modern 3-section row-house in Riga.

100%
RaisedEUR 380,000.00
Min. TargetEUR 380,000.00
Annual yield19.50%

N/A

Row-House in Marupe

Row-House in Marupe

Kuetzal

defaulted

SIA “ALPA Būve” is developing and constructing 4-section row house in one of the most actively developing neighborhood of Riga- Marupe.

100%
RaisedEUR 485,000.00
Min. TargetEUR 485,000.00
Annual yield21.00%

N/A

VM Cargo - trailer and truck reseller

VM Cargo - trailer and truck reseller

Kuetzal

defaulted

SIA “VM Cargo Service” is reselling trailers, trucks, semi-trailers, and all the spare parts.

100%
RaisedEUR 110,000.00
Min. TargetEUR 110,000.00
Annual yield15.00%

N/A

Velox Twinhouse

Velox Twinhouse

Kuetzal

defaulted

SIA “AA Development” in cooperation with SIA “Velox Latvija” is designing, constructing and developing modern twinhouse in Riga.

100%
RaisedEUR 220,000.00
Min. TargetEUR 220,000.00
Annual yield19.00%

N/A

European Crypto-Mining Association

European Crypto-Mining Association

Kuetzal

defaulted

ECMA is one of the first registered associations that is offering blockchain and cryptocurrency services in Europe.

115%
RaisedEUR 460,000.00
Min. TargetEUR 400,000.00
Annual yield18.00%
Total yield36.00%

N/A

Velox homes

Velox homes

Kuetzal

defaulted

SIA “Velox Latvija” is designing, constructing and developing real estate objects in Latvia.

122%
RaisedEUR 109,800.00
Min. TargetEUR 90,000.00
Annual yield18.50%

N/A

Senior Residence

Senior Residence

Kuetzal

defaulted

Reconstruction and development of most prestigious, innovative and nature friendly retirement house in Baltic States.

8%
RaisedEUR 208,000.00
Min. TargetEUR 2,600,000.00
Annual yield6.00%
Total yield7.50%

N/A

Vikingu 76a, Jurmala

Vikingu 76a, Jurmala

Envestio

defaulted

N/A
Min. TargetEUR 600,000.00
Annual yield17.90%

N/A

Financing of refurbishment of hostel– Mezaparks, tier 3

Financing of refurbishment of hostel– Mezaparks, tier 3

Envestio

defaulted

N/A
Min. TargetEUR 300,000.00
Annual yield19.00%

N/A

Financing of refurbishment of hostel– Mezaparks, tier 2

Financing of refurbishment of hostel– Mezaparks, tier 2

Envestio

defaulted

N/A
Min. TargetEUR 300,000.00
Annual yield19.00%

N/A

Gruntes 1 - residential real estate project in Marupe

Gruntes 1 - residential real estate project in Marupe

Envestio

defaulted

N/A
Min. TargetEUR 360,000.00
Annual yield18.10%
Total yield15.08%

N/A

Financing of refurbishment of hostel– Mezaparks, Riga

Financing of refurbishment of hostel– Mezaparks, Riga

Envestio

defaulted

N/A
Min. TargetEUR 300,000.00
Annual yield19.00%

N/A