In accordance with the BrickX PDS, when a property reaches its five-year anniversary on the BrickX Platform, BrickX will facilitate a meeting of Brick holders in the relevant Trust to consider whether to sell the property and wind up the Trust.
We are currently working on the Manager’s recommendation for Prahran and intend to commence the voting process by 15th July 2020.
As part of the process, all current Brickholders in the relevant Trusts will be provided with a notice of meeting and will have the opportunity to cast their vote via an external voting tool before the meeting date.
From the issue of the notice of meeting and commencement of the
voting process, the property will be placed into a trading halt and no Bricks