January 7, 2016

OpenCorp. crowd-funds developments in Albion and West End

Cam McLellan

Two new residential projects are slated for development in Albion and West End, with funds for development sites being partially sourced by crowd-sourcing methods.

OpenCorp. is a Melbourne-based property investment firm and fund manager, which has recently purchased a new development site in Albion and commenced construction on a new apartment complex in West End. By
crowd-sourcing funding from its clients and investors, OpenCorp. uses these initial funds to develop the land into apartments to be sold for investor profit, which reportedly offers a compounded return of 20 per cent. The Albion site will feature a complex of one, two and three bedroom apartments, to be designed by
Hayes Anderson Lynch Architects.To read the rest of this article click
HERE.

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