Adrian Vasilescu and Raluca Negrea, two Romanian entrepreneurs, have announced the launch of their latest venture, Build21. This innovative real estate company integrates blockchain principles and infrastructure to democratize access to its developments for retail investors.
Adrian Vasilescu, CEO and Co-Founder of Build21, expressed their mission to redefine the Romanian real estate landscape. He emphasized the company’s unique approach, which involves early engagement with investors, experts, and end-users to ensure the success and sustainability of each project.
With over 17 years of experience in construction engineering and entrepreneurship, Vasilescu brings a wealth of expertise to Build21. His strategic leadership guides the company’s direction and growth, building upon his previous ventures in structural design and construction monitoring.
Build21 primarily focuses on residential projects in urban areas of Romania, with a commitment to enhancing existing buildings for residential purposes. The company envisions creating 21 distinctive real estate developments that will set new standards in sustainability, efficiency, aesthetics, and quality of life for the next century.
Democratizing Investment Through Blockchain
One of Build21’s key innovations lies in its use of blockchain technology to democratize investment opportunities. By leveraging blockchain infrastructure, the company aims to establish a community of thousands of investors who can participate in its projects with affordable amounts.
Raluca Negrea, COO and Co-Founder of Build21, highlighted the company’s decentralized approach to investment, which enables retail investors to engage with real estate developments previously inaccessible to them. Negrea’s extensive background in management, marketing, and technology positions her to oversee marketing, communications, and technology resource management at Build21.
Negrea emphasized Build21’s commitment to transparency and corporate governance, aiming to create one of the premier investment products for Romanian retail investors in terms of yield and accessibility.
Future Prospects and Expansion
Looking ahead, Build21 plans to offer the public an opportunity to participate in financing its technological infrastructure, as well as the legal and fiscal framework required for its projects, through blockchain-based financing rounds later this year. This initiative aims to further democratize access to investment and foster community engagement in real estate development.
In summary, Build21 represents a pioneering approach to real estate investment, driven by a vision of sustainability, inclusivity, and innovation. With its founders’ expertise, commitment to transparency, and utilization of blockchain technology, Build21 aims to reshape the Romanian real estate landscape and create value for investors and communities alike.
