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