PlanetHome Review
PlanetHome Statistics
- Business name: PlanetHome
- Legal name: iEstate GmbH
- Jurisdiction: Germany
- Type: Crowdfunding
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Average score:
0 / 5
6.0 %
2.7
41%
- Total invested: Unknown
- Buyback guarantee: Unknown
- Secondary market: Unknown
- Licensed: Unknown
PlanetHome Description
Financial Analysis
PlanetHome does not publish its annual reports on its web page. There are no statistics and historical loan books available on their web page. Availability of financial figures, historical loan books bring trust and make the platform more transparent as investors can see the financial health and performance of the platform. Thus, it would help PlanetHome to attract investors and build trust if they publish its annual reports and other statistics.
General Information
PlanetHome is a crowdfunding platform based in Germany, founded in 2015. The platform offers real-estate and development loans. There is no information about how much has been invested into the projects yet through the platform. Almost all the projects are located in Germany and new projects are onboarded seldomly.
Board & Team
The platform does not provide full information about the team on their web page, although the advisory board members are mentioned. The advisory board consists of experienced professionals with backgrounds related to the financial industry and real-estate. The CEO is not mentioned on the web page.
Platform’s Score and Uniqueness
The platform does not offer a buyback guarantee and there is no information about a personal guarantee for the payment of the loan. However, there is collateral to the payment of the loan with no information about the average LTV. PlanetHome does not provide the auto-invest and secondary market. The chance of investment diversification through PlanetHome is under question since new projects are added with low frequency. The promised return is 6%. There is also no information about possible conflict of interest between the investment projects and the platform’s owners. The platform representatives and the company itself can be found in the registered/stated address.
Conclusion
PlanetHome, a crowdfunding platform based in Germany, offers real estate investment projects mainly in Germany with the promised return of 6%. Platform’s advisory board has individuals with experience in the real-estate industry. PlanetHome offers collateral to the payment of loans. The platform does not publish its annual reports, statistics and historical loan books on its web page. Overall, PlanetHome could improve the information they share with their users and add new projects more frequently.
