DomaCom Australia Limited is the operator of an investment platform offered through an ASIC registered Managed Investment Scheme, the DomaCom Fund, ARSN 167 020626.
Using the latest internet technology and equity (share) market concepts such as Separately Managed Accounts and Multi-level Managed Investment Schemes, the DomaCom platform will enable investors to get into the property market in a similar manner to investing in public companies.
The DomaCom Fund is a managed investment fund that enables investors to select properties of their choice in which they would like to invest. Via a bookbuild process, investors can commit as much as they want towards the eventual purchase of the property/ies of their choice together with other like-minded investors. When a bookbuild is complete DomaCom purchases the property, places it in a sub-fund and issues the investors with units according to their investments.
Fractional property investment company DomaCom (ASX:DCL) (Company) announces the next stage in the legal proceedings which the Company is supporting in the Federal Court of Australia, which will consi…