Complii FinTech Solutions (ASX:CF1) has revealed that PrimaryMarkets has signed an agreement to provide a Trading Hub to the Dexus Wholesale Australian Property Fund (DWAPF).
DWAPF is a $2 billion, open-ended fund that aims to provide stable returns and long-term capital growth through investment in a diverse portfolio of quality Australian office, retail and industrial properties.
This agreement is a significant milestone for PrimaryMarkets and a first of its kind, offering an alternative liquidity solution to unit holders in DWAPF.
The Trading Hub will be provided through the PrimaryMarkets’ Platform and enable unit holders to sell their holdings to accredited investors, financial advisors and institutional investors registered on the PrimaryMarkets’ Platform.
“I am very pleased with PrimaryMarkets’ agreement with DWAPF, which will benefit the fund’s client base of brokers and advisers by offering them extra investment opportunities. Such opportunities can be expanded to the whole Complii Group, leveraging the strength of our unique ecosystem,” Alison Sarich, Managing Director of Complii Fintech Solutions, said.