While the technology is still nascent, several real-world examples showcase the growing adoption of tokenization in real estate:
Fractional Ownership:
St. Regis Aspen Resort: In 2018, a fraction of the historic St. Regis Aspen Resort in Colorado was tokenized on the Stellar blockchain, enabling fractional ownership with a minimum investment of $10,000.
Harbor Bay Isle: This waterfront property in Miami was partially tokenized in 2019, offering investors access to rental income through ERC-20 tokens.
BrickEstate: This platform specializes in tokenizing individual apartments, allowing fractional ownership opportunities in desirable real estate markets.
Commercial Real Estate:
Harbor Club at Pier 69: A portion of this waterfront commercial property in San Francisco was tokenized in 2020, raising over $12 million for development.
IMMOBILIER.ATOX: This French company tokenized a commercial building in Luxembourg, facilitating fractional ownership and offering investors access to rental income.
Real Estate Funds:
DIEF Token: This token represents shares in a diversified real estate investment fund, providing investors exposure to multiple properties through a single token.
FUNDO:X: This platform focuses on tokenizing commercial real estate funds, offering investors access to professionally managed portfolios with lower entry barriers.