Home Peer to Peer Lending Brickowner launches residential property fund

Brickowner launches residential property fund

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Brickowner launches residential property fund

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Brickowner is launching a brand new residential property fund which shall be ISA and self-invested private pension (SIPP) eligible as soon as it completes the itemizing course of.

The actual property funding belief (REIT) – referred to as Brickowner REIT – will listing on The Worldwide Inventory Change (TISE).

“This addition represents an enormous step ahead in increasing funding alternatives for our valued customers,” stated the property funding platform. “Buyers will make investments and promote their shares in Brickowner REIT by the brickowner.com web site.”

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The agency stated that will probably be in a position to settle for investments by ISAs and SIPPs as soon as it’s listed on TISE. It’s hoping to have the itemizing course of accomplished by Spring 2024.

“This implies larger flexibility and accessibility for our buyers, offering them with much more alternatives to discover inside our modern platform,” Brickowner stated.

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The agency added that the brand new REIT construction presents enhanced diversification alternatives for buyers.

“This improvement opens up new prospects, permitting buyers to unfold their investments throughout a broader vary of property,” it stated.

Earlier this yr, Brickowner raised its minimal funding threshold from £500 to £1,000 as a result of “adjustments to the regulatory atmosphere”.

Tighter laws have elevated the price of onboarding new buyers, main plenty of platforms to comply with swimsuit.



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