Search Result: domacom

Aug
02

DomaCom partners with peer-to-peer lender

DomaCom has announced it will partner with a peer-to-peer lending company to extend opportunities for advisers in the property sector. DomaCom chief executive Arthur Naoumidis said DomaCom’s partnership with ThinCats Australia will allow advisers to be on both sides of property transactions by creating leveraged book builds. “This also provides the 350 lenders on the ThinCats platform the opportunity to gain exposure to property assets and the ability to lend funds at an attractive interest rate with a lower risk profile,” Mr Naoumidis said. ThinCats Australia, which has been operating in Australia for the past 18 months, is a peer-to-peer lending platform for secured business loans to small and medium […]

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Jul
05

Crowdfunding start-up DomaCom eyes $100m ASX float

DomaCom, the company that shot to prominence with a crowdfunding campaign to acquire the property assets of the iconic Kidman Station empire, is looking to float as a near $100 million company on the Australian Securities Exchange. The ambitious group is hoping to ride the worldwide popularity of crowdfunding which it has used to set up real estate funds and it plans to extend its reach into the corporate bond market and equity release products. Company founder, Arthur Naoumidis, who also set up the now listed portfolio technology provider Praemium, had previously flagged plans to raise $100m through a float last year but the timing of the IPO was pushed […]

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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
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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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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