A strategic guideline that defines a goal or favourable outcome that includes essential steps or needed milestones to reach it is called a roadmap. It is also a communication tool and a high-level document that helps articulate strategic thinking behind the plan and the goal for getting there. LandOrc’s Roadmap is available at their website https://landorc.io/#roadmap
LandOrc’s target is to get USD 2.5 Billion of the real estate activity out of the total USD 500 billion that real estate spends in high-interest markets. That represents 0.5%, and LandOrc targets to achieve this within four years. Global transaction volumes of real estate capital markets totalled US$247 billion during Q2 2021, up 103% from the market experienced one year ago. That is roughly in line with Q2 2019, according to JLL Research in their Global Real Estate Perspective report August 2021.
The long-term appeal of real estate has held for investors, despite near-term uncertainty, and the number of funds targeting it has continued to rise. As of the beginning of Q4 2020, there are more than 1,000 funds in the market. That is more than double the number in January 2016, according to Preqin. Funds are now targeting almost $300 billion of investments. That suggests investor momentum is already moving into 2021.
LandOrc’s first step is to focus on Asia and Africa. They already have a line-up of projects in India, and discussions in Australia, Sri Lanka, Sierra Leone and Angola are in progress. Global presence means an opportunity to get a large number of customer presence all over the world. That doesn’t come easily. It’s not like someone serving food without asking and inviting you to eat at their table. They have to consider regulatory laws of different countries, the tax structure, acquisition of customer base and talents, their unique position and retention in the specific market. Once regulatory laws have been tackled, others will flow into their places.
LandOrc, being a Tech solutions provider that facilitates lending for the real estate industry by providing access to Decentralized Financing (DeFi) and using the land title in non-fungible token (NFT) form as collateral, is not an exception to this reality. In the first 12 months, they are targeting to lend at least USD 50 million. Extend that in year two to USD 500 million by focusing on Latin America and year 3 to USD 1.5 Billion by adding Eastern Europe and other markets to reach USD 2.5 Billion in year four. That will give the platform revenues of USD 145 million and a valuation of USD 1.1 bn based on 8x revenue multiples.
Based on the above, one would get a sense of LandOrc’s Roadmap and milestones that they have set for themselves. They look forward to all the support of the global community to grow the business.
Sources:
https://www.us.jll.com/en/trends-and-insights/research/global/gmp
