Conclusion and Recommendations

In this chapter, the research questions defined are reviewed and answered, by drawing from all the information gathered throughout both the secondary and primary research. As part of this chapter, the consequent recommendations to market participants are formed. The primary research demonstrated how tokenization in real estate differs from its theoretical exemplary idea. It, furthermore, illustrated how there are a variety of ways to set up the tokenization of a real estate asset, both from a technical as well as from a structural and legal perspective. Hereby, the analysis did not reveal one best practice to follow. The case studies were complemented with expert interviews. The interviewees reinforced many of the results of the secondary research. They further described how they entered the real estate token market early on, highlighting past and current challenges. All in all, they were confident that their achievements sent a strong message to the market and concluded that it is not a question of if a broader implementation of blockchain and tokenization will be seen but when.