Blog
Asterra December performance overview
December was a productive month for Asterra Estate. Alongside consistent platform activity, the community continued to grow— over the past seven months, Asterra Estate has reached more than 700 loyal lenders, with more than €5 million committed to the project. During the month, we also activated the Early Exit option for the first projects, giving investors greater flexibility, and shared plans to expand beyond residential development with a CLT & GLT production factory to support more efficient construction and long-term growth.
At the same time, progress across the village remained steady, with multiple houses advancing through interior, exterior, and infrastructure works. Below you’ll find a detailed overview of the platform’s key indicators and the latest project statuses from the village.
Platform key indicators
- €626,708 mezzanine loans attracted
- €87,770 interest earned
- 16.03% average interest rate
- €6,679 average funding amount
- 87 new active lenders joined Asterra
Village project statuses
- Draugu iela 6 - interior works (wall painting, plastering and tiling, also installation of parquet and interior doors) and furniture placement and assembly
- Draugu iela 8 - completed work on the terrace construction. Installed polished concrete (Ultratop) floors. Started construction of an outdoor utility room and front deck, and also began interior works (tiling and plastering).
- Draugu iela 11 - wall and ceiling painting, plastering and tiling works have been completed. Started construction of an outdoor utility room. Completed installation of exterior doors
- Draugu iela 13 - completed installation of drywall installation on the ceilings. Installation of the facade board and CLT sanding has started
- Draugu iela 14: construction of the sewage network and assembly of the foundation formwork have been completed. Concrete has been poured for the foundations.
- Draugu iela 17: paving works are complete, and polished concrete (Ultratop) has been poured.
- Draugu iela 21 - installation works of the heat recovery ventilation system, as well as the ceiling vapour barrier, have been completed.
- Guest House - construction of the first floor load-bearing frame has been completed.
- 178,4 tons of crushed stone were delivered on site
- 3,5 cubic meters of semi-dry concrete were for building foundations
If you have any questions, please don't hesitate to contact us at info@asterra.estate .
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March has been a whirlwind of activity at Asterra Estate. While we’ve been busy keeping the hammers swinging and the concrete pouring at Asteres Village, the real highlight happened on the platform itself. In March, we officially surpassed 1,000 active lenders! We love seeing our community grow. It’s a sign that our lenders believe in our vision, and we’re happy to have every single one of you on board. Here is a brief overview of how March went for us.
Easter Holiday schedule
As we celebrate this joyful holiday, we’d like to let you know that our team will be taking a short Easter break. From April 3 to April 6, response times may be a bit slower than usual. We’ll be back to full availability on April 7, ready to assist you as always. Thank you for your understanding, and we wish you a warm and happy Easter! 🌷
Strategic bank partnership to accelerate Asteres Village development
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