Brickowner was launched in early 2017 offering retail investors the chance to invest in a slice of an institutional property investment opportunity. These kind of investments are traditionally beyond the reach reach of the smaller retail investors with a typical minimum buy in at £25’000 upwards. With Brickowner you can invest from as little as £100.
Brickowner is structured to working with experienced and established property developers and asset managers. These more experienced partners bring with them the access to these larger institutional investment opportunities. Brickowner operates as an appointed representative of Gallium Fund Solutions Ltd, who is fully authorised and regulated by the FCA in the UK.
Brickowner typically charges an upfront fee of 3.00% when investing in an opportunity although fee structure can vary per property (please check the specific property term sheet before investing in an opportunity). If a 3.00% charge is applicable, it’s inclusive, meaning if you invest a minimum of £100 you will actually invest £97 paying a £3 fee.
Brickowner currently does not operate a functionable secondary market place so an early exit is generally not possible. Deposits can be made via debit card (instant) or bank transfer (typically 3 working days).
The Property Page
Brickowner can offer two types of return on an investment opportunity. An income payment typically received per annum throughout the duration of the project and/or a completion payment once the project is finished. For Example the ‘All Saints’ project offers a 5.00% income payment over 4 years (20.00%) plus a completion payment of 20.00%, totaling 40.00% over 4 years (or 10.00% per annum).
Referral Link For Brickowner
This link provides a referral bonus of £100 when a new customer signs up and invests £1000 using the link (T&C’s apply). The bonus is split £50 to the new customer and £50 to Proptechfish.com Any bonuses received by this blog go towards the cost of maintaining an advert free blog and will be warmly appreciated.