Revolutionizing Real Estate Development with Blockchain Technology

14 views 2:35 pm 0 Comments May 16, 2024

Adrian Vasilescu and Raluca Negrea, two entrepreneurs from Romania, are introducing a new venture: Build21. This startup, rooted in the real estate sector, leverages blockchain concepts to grant retail investors access to its property developments. The founding members of the company, together with a dedicated team passionate about construction, architecture, communities, and blockchain, aspire to craft 21 distinct real estate projects that will set new standards for sustainability, efficiency, aesthetics, and quality of life over the next century.

“Build21 was established with the vision of revolutionizing the Romanian real estate realm through a fresh business model that actively engages the three primary stakeholders crucial for the success of any real estate venture: investors, experts (such as architects, structural engineers, and builders), and eventual occupants. We have embarked on this journey alongside a seasoned community of professionals, fueled by the ambition to leave behind a lasting and valuable architectural legacy for future generations. We are now extending an invitation to retail investors who wish to contribute to our noble cause,” states Engr. Adrian Vasilescu, CEO and Co-Founder of Build21.

Adrian Vasilescu, a seasoned construction engineer and entrepreneur with more than 17 years of experience, co-founded Cross Structural Design, a structural engineering firm established in 2009, and 481 Engineering, a consultancy specializing in monitoring construction longevity. Within Build21, Adrian spearheads the strategic vision and growth trajectory of the enterprise.

The company’s primary focus lies in developing residential projects for sale in urban regions of Romania, with an additional emphasis on enhancing existing structures that can be repurposed into premium residential accommodations.

Build21 envisions establishing a community of numerous investors who will have the chance to back the 21 distinctive real estate projects that are set to redefine Romania’s architectural landscape, while also reaping the benefits of their appreciation. The participation of such a vast investor base is made feasible through blockchain technology. In the upcoming months, the company will unveil an opportunity for public engagement in financing the technological infrastructure, as well as the legal and fiscal framework essential for Build21 projects, through an initial round of funding facilitated by blockchain mechanisms.

“Build21 democratizes investment access for retail investors, enabling them to engage with modest sums in the 21 real estate undertakings. In the long run, the company aims to craft one of the premier investment offerings for Romanian retail investors, characterized by attractive returns and ease of participation. This is all achieved while upholding utmost transparency with our investors and adhering to the highest standards of corporate governance,” adds Raluca Negrea, COO and Co-Founder of Build21.

With a career spanning two decades in management and marketing, Raluca Negrea has founded and overseen operations at various technology and communication enterprises. Holding an Executive MBA from the Maastricht School of Management and possessing prior experience with investors, Raluca manages marketing strategies, communications, and technology resource allocation at Build21.