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How does the Brickowner nominee structure work?

The following explains how the nominee structure for Brickowner works:

All investments through the Brickowner investment platform are held by an FCA-regulated nominee. The nominee holds the legal ownership of each investment on behalf of the investors.

Using a nominee helps to ensure that the administration around investment ownership is correct, and reduces the administrative work required when you buy and sell on the Brickowner secondary market.

As an investor, you benefit from all the economic interests as the ultimate beneficial owner. The nominee used to hold these shares is WCS (Property) Nominees Limited which is an associated company of Woodside Corporate Services Limited (FRN 467652), which is directly authorised by the FCA to act in this capacity.

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Welcome to Brickowner

The material on the website is intended exclusively for high net worth investors, sophisticated investors and investment professionals. Only these categories of investor will be permitted to participate in the investment opportunities available on the website. A high net worth investor includes an individual with an annual income of at least £100,000 or net assets (excluding principal residence and pensions) of £250,000. A sophisticated investor includes an individual with relevant previous experience in unlisted investments. For more detailed information about the eligibility criteria, please see here. The content of the website is exempt from the general restriction on unauthorised firms communicating financial promotions. If you are unsure about your categorisation or about investing in unlisted property funds, please consult an appropriately qualified independent financial advisor.