FRP Capital Brickworks Information Memorandum July 2023 - Flipbook - Page 22
Brickworks Marketplace
Information Memorandum
Investment Structure
Summary
Investment
Communications
Trustee Company
Investment
Management Company
CONFIRMATION OF INVESTMENT AND ISSUE OF UNITS
DISTRIBUTIONS
Shortly after allocation of your Units, the Trustee will send
you a statement confirming the amount of your investment,
the date of issue of your Units and other relevant details.
Units will be allocated in tranches as required to meet
commitments under the Contract of Sale and purchase
of the investment property.
Subject to the sufficiency of profits over prudent
provisioning, distributions will be paid from realised income
of the Trust. The Trust may earn income in the form of rental
income and interest. In the event that the Trust disposes
of the Property, a capital profit or loss may be derived or
incurred. The Manager does not intend to pay distributions
from borrowings.
DISTRIBUTION STATEMENTS
Subject to the sufficiency of profits over prudent
provisioning, each Unitholder will receive a monthly
distribution advice setting out distribution entitlements.
Distributions will be paid via electronic funds transfer
(EFT) into your nominated bank at the beginning of every
calendar month. The first distribution will be paid on a
pro-rata basis for that period.
Unit Trust
ANNUAL REPORT
Unitholders
Unitholders will receive an Annual Report including
audited financial reports at the end of each financial year.
Property
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ANNUAL TAX INFORMATION
Unitholders will also be provided with an annual taxation
statement that will assist when completing their tax returns.
Given that income and capital profit are not guaranteed, the
Trust’s distribution payments will be dependent on the Trust’s
financial position at the time. Investors should note that the
distributions they receive from the Trust may vary at each
distribution date.
Distributions will be based on the number of Units an Investor
holds in the Trust in proportion to the number of Units held by
all Investors as at the date that distribution is struck.
