Originaly Published on September 3, 2017:
A remarkable feat the first HAB Land crowdfunding campaign has far surpassed expectations as it has racked up more than PS2.4 million in investments, which is more than the initial goal by 141 per cent. This impressive milestone shows the immense enthusiasm and support from the investors.
282 investors were enthusiastically buying Mini-Bonds during the campaign, which contributed to the massive achievement of HAB Land’s fundraising efforts. The Mini-Bonds with a enticing yield of 8% over five years attracted both new investors as well as those who are who are already part of the HAB’s committed supporters, further extending the thriving HAB investor community.
The money raised from the crowdfunding campaign will play an important contribution to the advancement of various exciting projects on the site within the scope of HAB Housing. HAB Land, a sister company to HAB Housing, collaborates synergistically with HAB Housing to bring an innovative approach to the UK’s housing construction industry.
Kevin McCloud, the Chairman of HAB Housing and Director of HAB Land, expressed his satisfaction with the huge popularity of the crowdfunding campaign. He stated, “It’s fantastic to witness such a strong response from our investors. The campaign’s total has far exceeded our initial expectations. After engaging with some of our new investors, it’s evident that we share a common passion for crafting delightful living spaces that strike a harmonious balance between environmental sustainability and social well-being.”
This impressive achievement demonstrates the increasing demand for socially responsible and innovative initiatives in the housing sector in addition, HAB Land and HAB Housing are set to have an enormous impact on the future that is British residential development.