All Articles tagged with 'Arthur Naoumidis'

DomaCom Limited (ASX: DCL) is pleased to announce that the DomaCom Fund has completed its first crowdfunding into a wind farm project. Located in the New England region of northern NSW, the Sapphire Wind Farm Community Co-investment is in the vicinity of Inverell and Glen Innes and was opened firstly to residents in the Federal […]

DomaCom’s long awaited Senior Equity Release was launched this week with an adviser accreditation course that will enable financial advisers to provide sign-off to seniors 60 years + looking for an equity release on their home. DomaCom is the first equity release to be issued as a financial product. All other equity release products are […]

DomaCom Limited (ASX: DCL) (DomaCom or the Company) is pleased to announce that the DomaCom Fund has grown its funds under management (FUM) to over $50m, an increase of 20% since 31 January 2019. DomaCom CEO Arthur Naoumidis said, “In the last two months DomaCom has added 20% to its FUM. We have seen a […]

DomaCom Limited (ASX:DCL, ‘DomaCom’ or ‘Company’) has announced that it has partnered with La Trobe Financial to provide property investors using DomaCom’s fractional property investment fund with a credit facility. An initial A$50 million facility has been provided by La Trobe Financial that will allow investors to acquire approximately A$100 million of leveraged property through […]

DomaCom is pleased to announce that it has secured $1.315 million in funding through the placement of 13,150,000 shares at 10 cents a share to sophisticated and institutional investors. The placement was filled by existing and new investors and includes an Institutional Equity Fund Manager who is taking a position in DomaCom for the first […]

Following a 3-month review process, one of Australia’s Big 4 banks is set to launch a 6-month pilot for fractional property investment using DomaCom. This mutually exclusive agreement will see the bank trial DomaCom’s fractional investing model and, if successful, should lead to a commercial deployment within the bank. DomaCom CEO Arthur Naoumidis said “DomaCom […]

DomaCom is pleased to announce that it has secured $2.95 Million in funding through the issue of a Convertible Security to the Thundering Herd Fund No.1 and Thundering Herd Pty Ltd (together “Thundering Herd”), a Melbourne-based institutional investor The Convertible Security has a two year term paying an annual 15% coupon rate on a quarterly […]

DomaCom announces an allocation to two mortgage investments by our first branded Mortgage Fund with DFS Portfolio Solutions (DFSPS). The two first mortgages total approximately $4.1 Million, the first one has been drawn down with the second expected over the next few weeks. DomaCom CEO, Arthur Naoumidis said, “DomaCom has been working with DFSPS for […]

The Australian Government Solicitor advised DomaCom’s Lawyers that the Commissioner will not be applying for special leave to appeal the recent Full Federal Court decision that an investment by an SMSF in units in a DomaCom sub-fund did not breach the Sole Purpose Test as a result of  the daughter of the SMSF member becoming a tenant of […]