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What is the difference between income and capital appreciation?

Income is earned on a monthly basis and comes from properties being rented out to tenants. Each year we know what the rental income will be as tenants sign a contract agreeing to pay a fixed amount.

Capital Appreciation is money earned from a property going up in value. Every three months we have properties valued and from this we update the share price to represent any changes in the value of the house. This return is not something you will get until you sell your shares.

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