A Mayfair property worth £20.75m is being sold by a Swiss trust in a blockchain-powered sale in hopes of levelling the playing field for global investors. 111-113 Park Street, Mayfair

Potential purchasers are being invited to bid on 111-113 Park Street, Mayfair through a platform called clicktopurchase, which allows investors to submit bids at the click of a button.The recently refurbished office property is on a long lease to a shared and flexible workspace provider to Landmark Space at £76.63 per sq ft, amounting to £860,000 per year. The lease ties rent increases to the Consumer Price Index.Bids generate a legally-binding digital signature. Acceptance of a bid by the seller results in instantaneous contract execution and a transaction trail tracked through blockchain technology in a public ledger.The property is marketed by agent Singer Vielle and a virtual tour and videos are available to allow international investors to experience the asset.The clicktopurchase platform has been used in £225m worth of real estate.111-113 Park Street, Mayfair

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