Search Result: domacom

May
02

DomaCom lauds Morrison’s Kidman decision

Crowd funder DomaCom has welcomed the announcement by the Treasurer, Scott Morrison, that the sale of the giant Kidman Station to a Chinese consortium is “not in the national interest”. DomaCom CEO Arthur Naoumidis said it was “very pleasing” that the Government had heeded the outpouring of public sentiment on the proposed $370 million sale and had reached a “preliminary finding” to reject the bid by Dakang Australia Holdings. The company has until 3 May to respond. Morrison had earlier rejected a bid by a related Chinese company, the Penxing Group. DomaCom launched a 11th hour book-build late last year to keep Kidman Station in Australian hands, and in about […]

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Mar
15

MEDIA RELEASE: DomaCom

MEDIA RELEASE   For immediate release Monday March 14, 2016   The willingness of more than 4500 mum-and-dad investors to commit more than $70 million to acquire a stake in the iconic S. Kidman & Co pastoral holding demonstrates the huge retail appetite for investment in agricultural assets.   Arthur Naoumidis, chief executive officer of the property crowd-funder DomaCom, said in the group’s submission to the inquiry into the foreign investment review framework by the Senate Economics References Committee that this was the only conclusion that can be drawn from the public interest in Kidman, and that this committee, and the Parliament, should make every effort to encourage it. He said the widespread […]

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Mar
04

DomaCom to crowdfund gay retirement village

Property investor DomaCom is using its crowdfunding platform to raise capital to fund a $25 million gay and lesbian retirement village, proposed near Ballan in central Victoria. In what may well be a world first, the crowdfunding model has been harnessed to drive the staged development of a 120-dwelling estate on 30-acre block, 80 kilometres north-east of Melbourne. “It will be the world’s first retirement village through crowdfunding,” said DomaCom chief executive Arthur Naoumidis. “Let alone being a gay, lesbian, bi and transgender, intersex retirement village: that’s definitely a world first. It’s great. It shows the versatility of our platform.” Already DomaCom is nearing the close of the first $1.5 […]

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DomaCom

Fractional Property Investing

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Dec
19

Thank You & Merry Christmas!

From the team at Australian FinTech, we’d like to say a massive THANK YOU to everyone who has supported us over the past 12 months.

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Nov
04

Plan to expand the bank of mum and dad

DomaCom want to tap superannuation to dramatically expand the capacity of the so-called bank of mum and dad to help youngsters on to the property ladder.

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Dec
20

Thank You & Merry Christmas!

2018 has been the biggest year so far for Australian FinTech and Australian FinTech Jobs. So we’d like to say a massive THANK YOU to everyone who has supported us over the past 12 months including fintech companies and their teams, recruitment firms, PR firms, advertisers, contributors and techies: 86 400 AdviserLogic Airwallex Aleda Capital Alex Scandurra and the team @ Stone & Chalk Amber AML Accelerate Arctic Intelligence Assembly Payments AstuteWheel AtlasTrend Avoka Bank Statements Basiq Bata BestExchangeRates BGL BitRocket Brendan Malone, COO @ Raiz Brighte BrokerFlow BTC Markets Capify CashDeck Cashwerkz Checkbox Chopin P2P Clearmatch CoinJar CoinSpot Cover Genius Crowd Property Capital CurrencyFair CXI Damir Cuca, CEO @ […]

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Mar
22

Successful crowdfunding venture paves way for profit in triple-digit growth suburb

The success of a Sydney investment management firm acquiring over 5 acres of land means future investment in an extremely high growth NSW-based suburb could be a reality for investors. KSI Investments recently announced the success of raising $6.4 million through DomaCom’s crowdfunding platform for 5.23 acres in Rossmore, located five kilometres away from the upcoming Badgerys Creek airport. The suburb has incredibly high growth prospects as Smart Property Investment’s best suburb data puts the median three-year growth at 119.01 per cent. Acquiring the land is a significant milestone for all Australian property investors, according to Robin Luo, CEO of KSI. “We have successfully gathered together a group of like-minded […]

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