DomaCom gets green light from property research firm
DomaCom has received an A+ rating from Australian research house Property Investment Research (PIR).
According to a media release from DomaCom, the A+ rating states that PIR believes this is a suitable product that has met the aggregate requirements of their review process across a number of “key evaluation criteria”.
The rating also suggests the product has an acceptable risk/return trade-off that should generate risk-adjusted returns in line with stated investment objectives, DomaCom said.
“I’m very pleased with our A+ rating from PIR. Our fund is still relatively new, so this rating is timely and will put us in a better position to achieve further market penetration,” said DomaCom chief executive Arthur Naoumidis.
“That our unique crowdfunding solution and secondary market liquidity facility addresses investors’ property asset allocation needs is clearly prevalent. We’ll use this rating as a base to continually improve our platform and deliver product enhancements to broaden the market in the very near future,” he added.