
FAQ
Q: "How do I invest in an API property syndicate?"
Q: "Am I allowed to invest in an API property syndicate?"
Q: "Can Superannuation Funds Invest?"
Q: "Who manages my Investment?"
Q: "How and when is income distributed?"
Q: "When will I receive updates on my Investment and can I view them on the website?"
Q: "Do I receive an Annual Tax Return?"
Q: "What is tax advantaged Income?"
Q: "Can I sell my Investment?"
Q: "How long is the Investment for?"
Q: "What are non-recourse Borrowings?"
Q: "What is the role of the Trustee?"
Q: "How do I invest in an API property syndicate?"
A: You may either:
Call API direct on (08) 9380 3222 to request a copy of the relevant Information Memorandum or Product Disclosure Statement.
Register online to receive a copy of the relevant Information Memorandum or Product Disclosure Statement. Click here to register.
Contact your Financial Adviser about an API property syndicate investment.
Applications can only be made on an Application Form attached to an Information Memorandum or Product Disclosure Statement.
Q: "Am I allowed to invest in an API property syndicate?"
A: You will generally need to be a Wholesale Investor. Click here to read more
Q: "Can Superannuation Funds Invest?"
A: Each syndicate is structured as a unit trust. Complying and self managed superannuation funds can participate in each syndicate.
Q: "Who manages my Investment?"
A: The directors and management of API are experienced in the operation and management of property syndicates. API holds an Australian Financial Services Licence, authorising it to manage this type of investment. API also carries appropriate professional indemnity insurance, as required by ASIC.
Q: "How and when is income distributed?"
A: Income is distributed to investors on a monthly basis directly into the bank account you specify.
Q: "When will I receive updates on my Investment and can I view them on the website?"
A: You will be kept aware of the status of your Investment by periodic reports, the annual general meeting and annual financial statements. You will also be provided with a log-in password enabling you to check for updates under the specific property details section of our website.
Q: "Do I receive an Annual Tax Return?"
A: API will send all investors in each syndicate an annual tax return for each syndicate within three months of the end of each financial year. This contains information to be included in your tax return for the entity that has participated in the syndicate. API also arranges for Quarterly BAS returns to be completed on behalf each syndicate.
Q: "What is tax advantaged Income?"
A: Due to tax deductions created from non cash items such as building allowances, plant & equipment depreciation, amortisation of borrowing costs and the like, the cash income which the investors receive is significantly reduced in order to determine the taxable income from the investment. This taxable income is the figure in which each investor is taxed on each year even though the cash received is greater.
Q: "Can I sell my Investment?"
A: Yes. Investors may exit a syndicate prior to expiry of the term, by sale of their Units to a third party. There is no established secondary market for the sale of a share in a syndicate and whilst API will assist in a sale of an interest investors should note that API syndicates are an illiquid investment .
Q: "How long is the Investment for?"
A: Generally, the term of a syndicate is between 7 to 9 years before being wound up. However, there is no minimum period - should an opportunity arise to sell the Property prior to this time, the syndicate can be wound up if unit holders agree.
Q: "What are non-recourse Borrowings?"
A: All borrowings on behalf of a syndicate are secured solely against the property. The lender has no recourse to investors. This means that you have no financial or other commitment beyond the amount you invest.
Q: "What is the role of the Trustee?"
A: The trustee's role is to ensure investor's interests are protected at all times. In general terms, the trustee's role is to hold the Property on behalf of all the unit holders in the syndicate.