Research house Lonsec has entered into an 'integration agreement' with DomaCom that will see the new property product included on Lonsec's platform.
DomaCom launched its fractional property investment platform earlier this month.
According to a statement from DomaCom, the agreement with Lonsec will see the new product exposed to a broader market of financial advisers and superannuation funds.
Lonsec director Alfons Fiorindo said he has been "impressed" by the level of interest among his clients in the DomaCom offering.
The DomaCom Fund allows investors to select properties of their choice online and then to invest any amount they deem appropriate, according to a statement.
"An intermediated solution, applications will only be accepted via a properly licensed and accredited financial adviser," said DomaCom.
"The accreditation process is in place to ensure advisers are fully conversant with the product and able to communicate the product structure to their clients," said the statement.
"One of the unique aspects of this new property trust is [that] DomaCom will offer a liquidity facility enabling investors to sell their units as opposed to relying on the outdated redemption process which is the current exit process for property trusts and mortgage funds, some of whom have questionable liquidity levels."
Advisers need to ensure they don’t get too caught up in regulatory changes and forget about their current obligations, ...
Andrew Bragg has called for close scrutiny of the regulatory architecture, partly inspired by the rocketing ASIC levy ...
The company, which was haemorrhaging close to $100 million before tax just three years ago, has successfully navigated ...
Never miss the stories that impact the industry.
Get the latest news! Subscribe to the ifa bulletin