A timely move in the current economic environment
WELCOME to our BLOG and the TEMPORARY website for www.propertysyndicators.com.au & www.ticx.com.au
An organised compliant platform that allows investors to purchase fractional interests in quality investment property is a timely move according to it’s creator, Mr Tony Puls.
Tony Puls
Tony has been a licensed real estate agent since 1978 (over 30 years) and obtained his diploma to the Real Estate Institute of Australia (REIA) in 1984. He is still fully licenced in Queensland (Licence Check). Tony is also the founding chairman of the highly successful capital raising platform, ASSOB.
The problem for many investors is that property is often too expensive for them to acquire on their own behalf and even if they could afford the purchase price it might be unwise for them to seek such a large exposure to the one asset.
However, when promoting small scale property syndicates one needs to be careful not to incur the wrath of the Australian Securities and Investments Commission (ASIC) if using a Property Trust structure. Section 601ED and Section 1012E of the Corporations Act must be carefully respected.
It is illegal for any person (or company) to ask a number of people to invest in a shared business venture, property or other investment, without following the prescribed financial product rules set down by the Corporations Act.
