News and Announcements
DomaCom (ASX:DCL) Successfully Completes 43 Property Crowdfunding Transactions
- Published August 11, 2017 12:00AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
DomaCom is the first and only ASX listed Fractional Investment Fund in the country, created to provide a better and easier means of investing in a variety of thematic property investments. The Company has recently released their key investment highlights along with Quarterly Update for July 2017.
- Established track record:
- Successfully completed 43 property crowdfunding transactions to date
- 1,240 accounts across 864 investors as at 17th July 2017
- Gaining traction through IFAs:
- On approved product list of 43 IFA groups: representing over 1,200 advisers and approx. 240,000 clients
- DomaCom has been rated by Lonsec, SQM & PIR Investment Research companies
- Strong macro drivers underpinning DomaCom’s product suite:
- Housing affordability
- Affordable housing for retirees
- Increasing demand for bioenergy infrastructure development
- Scale of the market opportunity:
- From 2010 – 2015, global property crowdfunding grew from $20 million to $2.5 billion