How are the properties held?

We‘ve thought about the best way to ensure Brick Owners are protected, and as a result have designed a structure which protects each property from any changes in the BrickX business.

Each property sits within an individual unit trust (BrickX Trust), separate to the BrickX business. An independent external custodian (AET Limited) has been appointed, and the custodian then appoints a related entity of BrickX (BrickX Trusco Pty Ltd) to hold the title to each property.   

In the highly unlikely event that the BrickX business was to encounter issues, the BrickX Trusts can be wound up by selling the individual properties and returning net proceeds to Brick Owners. 

For more information, please refer to our Product Disclosure Statement.

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