EN
In addition to your Fixed Interest, which remains constant throughout the notes' term, you may also receive Bonus Interest, potentially increasing the total return on your investment.
The Bonus Interest consists of two main components:
During the holding period of BRXS notes, income and expenses related to the linked property may fluctuate.
If rental income growth surpasses associated costs (such as management fees, maintenance, or unexpected vacancies), a surplus may accumulate in the collective BRXS cash reserve.
Conversely, if expenses exceed rental income, the collective reserve may decrease.
If a surplus in the BRXS collective cash reserve exceeds operational needs, BRXS may distribute this surplus as Rental Surplus Bonus Interest.
Since this reserve is collective, the bonus is shared proportionally among all noteholders, based on the number of notes they hold, regardless of specific property investments.
Only investors holding notes at the moment of bonus interest payouts can benefit from potential Rental Surplus Bonus Interest.
At the conclusion of the holding period, BRXS sells the associated investment property and matures the notes.
After deducting costs, taxes, maturity fees and repaying the notes’ nominal value, any surplus will represent net property appreciation.
If this net appreciation is positive, it is distributed proportionally among noteholders of the matured notes linked to that specific property.
Only investors holding the notes at the moment of maturity can benefit from potential Appreciation Surplus Bonus Interest.
By holding BRXS notes throughout the entire holding period, investors are positioned to benefit from the potential upside of both ongoing rental income and eventual property appreciation, while the Fixed Interest component provides a stable and predictable return.
All investments carry risks. Bonus Interest is not guaranteed. Please see 'What are the risks associated with investing in BRXS Properties?' for more information.
