What is BrickX Select & Syndicate?
Select your propertyBrickX will assist you with the acquisition due diligence.
Create your syndicate and lock in your fundingYou put together your syndicate of investors who commit to taking up 100% of the Bricks in the BrickX Trust relating to your chosen property.
A BrickX Trust buys the property for your syndicateBrickX manages the purchase, settlement, funding and administration of your purchase – this even includes the sourcing of debt finance if required.
BrickX will handle the boring stuffOnce the property is purchased BrickX will manage the administrative aspects of the syndication for you.
Why Select & Syndicate?
Control your purchase decision
See something you like and want to act – go ahead you now can.
Keep your syndicate private
You can structure a private syndicate or open it up to other BrickX investors to create liquidity post acquisition.
Ease and Efficiency
Rather than working out how to establish a private trust of your own and keeping the peace amongst investors you can rely on BrickX to manage this for you.
Any Australian tax resident that are over the age of 18.
Rent is calculated based on the agreed rate at the time the lease is initiated and will be reviewed on an annual basis to ensure it is in line with agreed lease terms.
The BrickX Property Investment Management team will also assist with the financial modelling to assess the properties ability to cover its costs, as well as the costs involved in running a compliant trust and also to provide you with a prospective forecast in respects of any potential income that it may generate.
At the end of a trust term, the standard BrickX processes will kick in:
A member vote will be managed where you and your syndicate will vote on whether you want to:
- Sell the property;
- Extend the term.