Real estate investor Gore German Office Real Estate AG said on April 19, 2023 that it has entered into discussions to buy a stake in Switzerland-based tokenization solutions provider BrickMark AG. BrickMark provides tokenization solutions for the transformation of real estate assets and projects into digital investment products. The planned co-operation offers Gore the opportunity to expand its business model in the fast-growing market of digital real estateassets, the company said.

Overall, Gore aims to secure access to attractive investment opportunities in the digital real estate assets business segment, it added. The announcement was made after Gore abandoned its plans to acquire a real estate portfolio from a Luxembourg investor. The company said it remains committed to its plans to sell its current real estate holdings.