New property fund aimed at small and younger investors with $1000 minimum investment
Small and young investors are the target of a new commercial property fund offering a minimum $1000 investment rather than the usual $10,000 minimum required of inexperienced investors.
This small an investment is uncommon in the commercial property world where typically syndicated property or shared property ownership schemes require a minimum of $10,000 and allow increases of $1000 at a time. They often attract older people with money accumulated over a working lifetime.
There are also shared property ownership schemes that only want wealthy, knowledgeable and experienced investors and often require a minimum of $50,00 to $100,000, while some even require $750,000 to $1 million.