Can tenement houses be tokenized?
As in the topic, can tenement houses be tokenized? A friend of mine has a small tenement house in the vicinity of Częstochowa, but it is in a deplorable condition until complete renovation, unfortunately the lack of funds does not allow him to thoroughly renovate it. I gave him the idea of tokenization. What do you think, would it be a good idea to raise funds for the renovation of a tenement house in exchange for the subsequent distribution of rental income?
As in the topic, can tenement houses be tokenized? A friend of mine has a small tenement house in the vicinity of Częstochowa, but it is in a deplorable condition until complete renovation, unfortunately the lack of funds does not allow him to thoroughly renovate it. I gave him the idea of tokenization. What do you think, would it be a good idea to raise funds for the renovation of a tenement house in exchange for the subsequent distribution of rental income?
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You can :) Today, there is even information that a French company, together with a certain developer, intends to tokenize real estate in Paris worth EUR 70 million. In addition, in January a Swiss company bought a 1,600 square meter office using its own token. So as you can see :)
You can :) Today, there is even information that a French company, together with a certain developer, intends to tokenize real estate in Paris worth EUR 70 million. In addition, in January a Swiss company bought a 1,600 square meter office using its own token. So as you can see :)
Machine translated
Yes, it is possible and there are more and more companies on the market that help go through the entire tokenization process.
Yes, it is possible and there are more and more companies on the market that help go through the entire tokenization process.
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