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Real estate
Institutional real estate meets programmable finance.
The most mature and best understood real-asset category, and the one where the gap between what tokenization promises and what it delivers is most often exposed. Structure and administration decide the outcome.
Coverage
Six segments.
Commercial real estate
Offices, logistics, retail and mixed-use assets held for income and capital appreciation.
Residential portfolios
Multi-unit and build-to-rent portfolios with aggregated rental income.
Hospitality
Hotels and resorts, where operating performance drives valuation as much as location.
Development projects
Site acquisition, construction and stabilisation financing against a delivery programme.
Income-producing assets
Stabilised assets with contracted tenancy and predictable distributions.
Strategic land
Land holdings with planning, infrastructure or resource optionality.
The architecture
- 01Property
- 02Accredited valuation
- 03SPV
- 04Digital instrument
- 05Eligible investors
- 06Distributions
What decides the outcome
Three unglamorous determinants.
Real estate tokenization fails for boring reasons. We design around them from the outset.
- Title and encumbrance
Land registry position, existing mortgage security, lender consent and any restriction on transferring the shares of the holding vehicle.
- Valuation cadence
Who values the asset, to what standard, how often, and what happens to reported instrument value between valuations.
- Operating reality
Someone still has to collect rent, manage capital expenditure, insure the building and file accounts. Tokenization does not remove asset management; it makes its reporting visible.
Tokenized real estate exposure is typically exposure to a vehicle holding the property, not to the property itself — with the vehicle's leverage, tax position and operating costs sitting between the asset and the investor.
Tokenbridge structures and coordinates. Regulated functions are performed by authorised partners.
Descriptions of capability on this page describe the group’s target operating model, not authorisations held. Regulated issuance, distribution, custody, administration, trading-venue and payment functions are carried out by entities or partners holding the relevant authorisations in the relevant jurisdiction. We will describe any authorisation only once it is actually held.
Discuss a property portfolio or development programme.
We work with asset owners, governments, institutional investors and strategic partners.