How has Covid-19 impacted Accumulate Capital’s business?
As a property developer with invested clients, transparency is everything. We need to ensure we update both our clients and the thousands of registered individuals from around the world who are considering investing with us.
Our model remains strong, the supply chains operating within our current construction portfolio are not affected, and the message is clear – it’s business as usual for Accumulate despite Covid-19.
It’s no exaggeration to say that over the last few days we have seen a three-fold increase in enquiries from investors, eager to switch from volatile global markets to the fixed-returns, fixed-term, asset-backed, securitised property-based projects we offer.
In the meantime, we have many developments in the pipeline. We are preparing for the continuation of site tours once all public restrictions are removed, and we are also working on the opportunity to offer investors advantageous virtual site tours while implementing video conferencing for those who want to discuss anything in detail with us.
We will continue to offer investors profitable and secure investment opportunities that aren’t being affected by the economic downturn caused by Covid-19. Many common investments are currently being heavily impacted by the pandemic, as it looks like their interest rates will continue to be eroded for the foreseeable future. For example…
- The Bank of England has cut interest rates down to an all-time low of 0.1% and is considering further reductions to 0.10% amid impacts caused by Covid-19
- Last week, London’s FTSE 100 index fell by 10.9% – the biggest drop since 1987
- This week, Japan’s benchmark Nikkei 225 ended down by 1.7%, the Hang Seng in Hong Kong fell by 3.3%, and China’s Shanghai Composite closed 1.8% lower.
- The pound has fallen to its lowest level against the dollar for over 30 years
- Major stock markets have suffered their worst weekly performance since the 2008 financial crisis with $5 trillion being wiped off the value of global shares