BRICKX pays monthly rental distributions to property investors
BrickX's monthly rental distributions for September have been deposited into brick holders' wallets based on 30 September ownership.
All rental distributions paid were in line with forecasts.
"This marks an exciting time for BRICKX Investors, as this is the first distribution paid since our big launch, when we made the platform available for all Australians," Anthony Millet, the BrickX chief said.
Details on each property and the distributions can be seen below
| Annandale (ANN01) Distribution: $1,200 or $0.12 per Brick Brick Price: $100.00* Investors: 456* |
| Mosman (MOS01) Distribution: $3,200 or $0.32 per Brick Brick Price: $141.00* Investors: 286* |
| Prahran (PAR01) Distribution: $2,400 or $0.24 per Brick Brick Price: $120.00* Investors: 145* |
| Enmore (ENM01) Distribution: $1,700 or $0.17 per Brick Brick Price: $68.00* Investors: 578* |
Anthony Millet, the BrickX chief executive, said they were working towards having 100 properties.
A waiting list has been commenced for potential investors in the Double Bay investment trust.
*Brick Prices and Investors as at October 5, 2016.