IN DEPTH· AI and real estate
Asset verification
Reviewing, valuing and documenting properties in machine-readable form.
In progressComing soon
VORA ACADEMY
Knowledge for real assets in the digital age
How real estate, project development, AI and tokenisation are growing together. Clearly explained, honestly assessed.
Latest articleIN DEPTH
BlackRock: The Machine-Native Economy, explained and assessed24.09.2026 · 9 minRead
LEGAL FRAMEWORK RADARLatest: 19.06.2026Distance selling lawThe right of withdrawal has been revised and the model withdrawal notice removed.All changes →TERM 01 / 06Real AssetA tangible asset such as a property, a hotel or a campsite that can generate income.
KNOWLEDGE HUB
Articles
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IN DEPTH· Financing
Asset structuring
Planning financing, repayment routes, legal framework and issuance.
In progressComing soon
BASICS· Tokenisation
What is a digital security?
A security without paper: held electronically, transferable faster, within the EU legal framework. The basics in five minutes.
In progressComing soon
BASICS· Tokenisation
Tokenisation of real estate, simply explained
What exactly is tokenised, who owns what afterwards, and why it is more than a trend.
In progressComing soon
BASICS· Tokenisation
Real World Assets: real value in digital form
Why real estate, hotels and campsites could become the largest asset class of tokenisation.
In progressComing soon
BASICS· Financing
Bond, subordinated loan, profit participation right: the difference
Three ways to raise capital, and why they differ so much for investors and issuers.
In progressComing soon
IN DEPTH· Legal framework
Self-issuance without an intermediary: what changed in 2026
With the removal of § 6 WpPG, companies may offer securities themselves. Opportunities, obligations and limits.
In progressComing soon
IN DEPTH· Legal framework
No prospectus up to 12 million: the threshold and its limits
What the Listing Act allows, what the securities information sheet must provide and where the threshold ends.
In progressComing soon
IN DEPTH· Financing
Five ways of repayment in community financing
Bank, income, sale, follow-on issuance or a mix: how to calculate repayment before the purchase.
In progressComing soon
MODEL CASE· Financing
Model case campsite succession: regular guests finance the takeover
An operator finds no buyer with bank financing. How the community could provide the capital, calculated as an example.
In progressComing soon
MODEL CASE· Tokenisation
Model case company: mobilising a real estate portfolio
How a company could release capital tied up in real estate and involve its own workforce. A thought model.
In progressComing soon
Model cases are sample calculations based on assumptions, not real transactions.
LEGAL FRAMEWORK RADAR
What has changed
The most important changes for real assets and digital securities, dated and briefly explained.
2026
GLOSSARY
Terms, simply explained.
- 01
Real Asset
A tangible asset such as a property, a hotel or a campsite that can generate income.
- 02
Digital security
A security that is not held on paper but electronically in a register.
- 03
Tokenisation
Rights to an asset are represented as digital units and become electronically transferable.
- 04
Securities information sheet
A short, standardised document that replaces a prospectus for smaller offers.
- 05
Issuance
The issue of new securities to investors.
- 06
Unit
The smallest unit of a security that an investor can acquire.
FORMATS
Learning through exchange.
ON REQUEST
Workshops
Fixed formats for project developers, businesses facing succession and advisers.
- Tokenisation for project developers
- Succession, newly financed
- Platform readiness in practice
ON REQUEST
Executive Briefing
Tokenisation of real estate portfolios in half a day. For management and real estate departments.