On 26 July, the Bricklane Regional REIT entered Members’ Voluntary Liquidation. This is good news and is a key step in enabling cash to be returned to investors.
While some portfolio properties have not been sold, sufficient cash has been generated from asset sales to allow a meaningful distribution to investors. However, before any distribution can be made, the liquidator has a legal process that they’re required to follow. We are working with them to understand the timings and value of an interim payment. We will be in touch when we have further information on this.