Blog
Performance report. June
The first month of Asterra Estate has been marked by very high activity, particularly on the 36-hectare land plot in Asteres Village. Infrastructure development works have continued steadily, and construction of the first five houses has begun.
We are also pleased to report a remarkable level of interest from P2P industry lenders. Within just 15 days in June, a total of €1,330,782 was successfully funded.
Platform key indicators
- Projects available on the platform - 6
- Total funding available on the platform - €1,685,000
- Lenders joined - 262
- Funding attracted - €1,330,782
- Interest earned - €84,970
- Average interest rate - 16.12%
Village project statuses
Brief status report on construction works in Asteres Village during June.
- 5 additional building permits have been received
- Construction work has commenced on five houses
- Draugu 11 – foundation construction completed
- Draugu 8, 13, 17, 21 – land preparation and foundation construction are underway
- Manufacturing of two CLT buildings (Draugu 8 and 11) has started in the factory
- Active sales operations began in June, resulting in the first potential buyer visits to the Asteres village
- Construction Materials Used:
- 160 tons of crushed stone delivered
- 150 tons of sand delivered
- 30 cubic meters of concrete used for building foundations
- 3 tons of reinforcement steel used
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March performance overview
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
Asterra Estate has reached a strategic agreement with one of Latvia’s lead banks to support the refinancing of homes within the Asteres Village project. It’s a really positive sign for the work we’re doing at Asteres Village and a meaningful boost for the project’s future.