German Real Estate Giant Bauwens Invests In Blockchain Firm Fundament Group

German real estate giant Bauwens Group has acquired a 15 percent stake in Berlin-based blockchain firm Fundament Group.

Fundament Group is an end-to-end security issuance solution for asset tokenization. The company claims to offer the first Real Estate Token fully approved by the German Financial Market Authority (BaFin) that represent a portfolio of German Commercial Real Estate – which generates a planned annual yield of 4% plus returns from possible sales revenues.

Bauwens Group is known for integrating intelligent and digital technologies into the development and realization of its real estate portfolio. It has an estimated €6.7 billion in managed project development volume and over 370 employees.

The partnership with Fundament Group will allow Bauwens to expand its expertise to the innovative new market of tokenized real estate investments and digital assets.

“We are delighted to announce this partnership with Fundament Group which recently achieved a decisive breakthrough in Germany by securing the first regulated tokenized real estate bond,” said Alexander Jacobi, Managing Director of Bauwens digital GmbH. “The Fundament Real Estate Token is an extremely interesting option for selling our real estate and we are proud to support them with our real estate and digitization expertise. By partnering with Fundament Group, Bauwens is positioning itself sustainably in the emerging real estate tokenization market.”