Ratings

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BrickX Trusts have been rated favourably by SQM Research, which gave the fractional property investing platform a ‘Superior’ rating — four out of five stars.
The rating comes close to the launch of another property by BrickX, in Sydney’s Surry Hills. 
Anthony Millet, CEO of BRICKX, the manager of the Trusts, said the rating reflected the thought that has gone into creating the product. 
“To be awarded a Superior rating at the first review is a testament to the thought that has gone into creating the BRICKX product,” Millet said. 
“This favourable rating should allow financial advisers who have proactively reached out to us, to now recommend the BrickX Platform and BrickX Trusts to their clients where appropriate.” 
SQM identified the following strengths after its research:
<ul>
<li>The depth and quality of senior management appears to be very strong </li>
<li>The liquidity mechanism for Bricks appears to be a proven way to access liquidity </li>
<li>SQM Research believes that the simplicity of the fee structure is a positive </li>
<li>The acquisition and disposal fee is in line with peers </li>
<li>Initial valuation movements are positive, and the locations appear to have been well chosen </li>
<li>The compliance committee is majority independent </li>
<li>SQM Research has viewed the Platform and was impressed by its usability and depth of property information, which can be used to inform investor decisions.</li>
</ul>
BrickX’s innovative investing platform allows division of a property into 10,000 units or “Bricks”. Investors may then earn capital returns and monthly net rental income in proportion to the number of ‘Bricks’ owned. 
The company enables members to choose when to invest and when to exit their investments by offering their ‘Bricks’ for sale on its platform.
With properties already in Darlinghurst, Bondi Beach, Enmore, Mosman, Annandale and Double Bay in Sydney, along with Prahran and Port Melbourne, in Melbourne, investors can easily access a variety of property investments from less than $100. 
BrickX’s recent acquisition is a <a href="https://www.urban.com.au/expert-insights/investing/70305-brickx-to-unveil-another-surry-hills-property-for-investors-95-a-brick" target="_blank">two-bedroom townhouse in Surry Hills</a> and it will offer the initial ‘Brick’ at $95 to investors. The pre-order phase will be open from May 19 with settlement scheduled for May 30.
 
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SQM Research says BrickX stable property investing platform, gives 4 stars

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Seven's new food show Zumbo's Just Desserts premiered last night as the most watched entertainment show of the night.
The show has amateur dessert cooks put through their paces by pastry chefs Adriano Zumbo.
It drew a metro audience 1.081 million, beating The Block, which dipped slightly from its debut audience of 1.074 million metro viewers to 961,000 average million viewers.
Channel 10's Survivor slipped to the 14th most-watched show of the night with 734,000 metro viewers, a drop of 50,000 viewers from Sunday's premiere.
Zumbo's Just Desserts and The Block continue tonight
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