Blog

October Performance Overview

Meanwhile, construction continued across our Draugu and Asteru iela sites: residents have moved into Draugu iela 14, two more buildings are progressing through facade and interior works, and ground has been broken at Asteru iela 1 and 3.

Funding & Platform Highlights

October by the Numbers

• €108,994 attracted during October
• €10,101,712 total funding attracted through the platform
• 6 new active lenders joined the Asterra community
• 1,198 active lenders in total
• 15.49% average interest rate
• €124,540 interest earned by lenders during October
• €1,727,936 total interest earned since launch
• €8,449 average funding amount per lender
• 27% of lenders using interest compounding

Construction Update

• Draugu iela 14: Residents have moved in, and the final works are almost finished. Suspended ceilings, furniture assembly and fencing were completed this month.
• Draugu iela 1: Facade insulation completed, and facade batten installation is well advanced. Next: aluminium glazing system, plus internal water supply, sewage and heating systems.
• Draugu iela 7: Facade cladding progressed steadily, and paving works and Estrich floor installation have started. Next: aluminium glazing system and polished concrete flooring in the hallway and living room.
• Asteru iela 3: Foundation construction started and continued throughout the month.
• Asteru iela 1: Site works began with land clearing and tree cutting, followed by preparatory works for the foundation.