BRXS does not fall under the supervision of the Dutch Authority for the Financial Markets (AFM) as BRXS relies on a Dutch law exemption to the obligation of publishing a prospectus. This exemption applies when the issuer of the notes (i.e., BRXS) offers notes up to a total of less than EUR 5 million. When using this exemption, BRXS must display the AFM “exemption notice” on certain documents relating to the notes and on its website (see the banner at the top of this page).
BRXS complies with all requirements in relation to the exemption from the prospectus obligation and always operates with full transparency. Investors can find detailed information in respect of all BRXS’ properties in the respective pages on the website. We also have an information document for each investment, including all important risks relating to such investment, which we advise you to read prior to your investment. In addition, investors will receive quarterly updates on their investments through their account in which we provide full transparency on all financial information about the property. Those quarterly results are also published openly on our blog: Property performance in Q1 2023.
Read the update on our AFM approval process here (May 2023).
BRXS is applying for a full AFM license in 2023 as it extends its activities.