“The Capelli real estate group, with more than 40 years of experience and recognized for its ability to innovate, has carried out its first tokenization operation to finance part of the property development of the Domaine d’Hestia in Saint André Lez Lille for €3.1 million. Qualified investors who subscribed to this bond issue received in return “tokens”, digital tokens registered on the blockchain, bearing a fixed yield of 7.5% per year. The CAPELLI Group relied on the Wecan Tokenize tokenisation platform to carry out this operation.
The Hestia estate in Saint-André-Lez-Lille, an emblematic project.
A vast programme to transform a 7-hectare site formerly occupied by a hospital on the outskirts of the Lille metropolis, the architectural complex “Le Domaine d’Hestia” was designed by the architect Jean-Michel Wilmotte. This mixed programme includes the rehabilitation of existing buildings dating back to 1900 and the construction of new residences organised in micro-neighbourhoods. The estate will eventually house more than 450 apartments and a senior service residence.
Real estate investments on the blockchain.
The transaction was financed in less than a week by a dozen investors who were attracted by this new investment experience, combined with the guarantee provided by a group in perpetual growth.”We are delighted to have contributed to this great project. By relying on renowned players such as the Capelli Group, Wecan Tokenize is proving its ability to position itself as a pioneer in asset tokenization and to democratize this technological breakthrough with confidence thanks to a 100% digital platform that secures exchanges,” concludes Sébastien Flak, Managing Partner of Wecan Tokenize.”