When are properties valued?
We conduct independent valuations of each property on an annual or semi-annual basis. Valuations are carried out in June and December, with results published in July and January respectively. Thes...
User Guide: How are properties valued?
BrickX properties are valued semi-annually, with market appraisals conducted by an external firm of licensed, independent valuers. You can view the Next Valuation Date on the Summary tab of each B...
When can a property be sold?
A property can be sold when: There is a vote* between Brick Owners on the 5th anniversary of the property’s Settlement date or; A BrickX property’s expenses cannot be funded from the Gross Rent...
How long can I hold a Brick for?
There are no time restrictions on how long Brick Owners can hold on to a Brick, so long as Bricks in the property remain available to buy and sell on the BrickX Platform. We schedule a vote every...
What happens if I am a Brick Owner in a property that is sold?
If you own Bricks in a property that is sold, your Bricks will be redeemed and you will receive your share of the net proceeds from the sale (less the 0.5% transaction fee, wind-up costs and repay...
