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What will happen if funds sought by a seller, either fail to meet, or exceed, the target level?
What will happen if funds sought by a seller, either fail to meet, or exceed, the target level?
Updated over a year ago

If the Total Funding Target is achieved and the Investment Round completes you will be sent a share certificate representing your Shares. If the Total Funding Target is not achieved within the relevant time period, all committed funds will be returned, without deduction of any fees or expenses to your SmartCrowd Account. You can then choose to use the returned funds towards another Property or withdraw the funds from your SmartCrowd Account entirely (the decision is yours!).

Please note where you initiate a withdrawal of funds from your SmartCrowd Account via the Platform, we will return your funds to the bank account which you used to fund your SmartCrowd Account. Your SmartCrowd Account is a segregated account operated by Emirates NBD. At this stage SmartCrowd does not allow for oversubscription.

The shares in the investment are allocated on a first come first serve basis

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