So when an investor invests in a Natgen Trust they are taking a direct ownership interest in the underlying property uh so we we take the property we split it into units the investors buy the units and we also gear it so there’s some Bank debt on that um so once once the property is sold at the end of the trust term the bank is paid back and basically the entirety of the rest of the money is distributed to the unit holders um

so over time the expectation is that the value of a property will increase as the revenue for the property increases and thus the dollar units uh that people have invested in um we hope and we can’t guarantee will be worth more than that in the future but as I said previously it’s this is a income investment not primarily capital gain investment so modest capital gains can be expected over time and we work very hard to achieve that but it’s really the income through the term that’s the main thing

so so our our our base case for people is to get them their dollar unit back at the end and give them a strong income stream on the way through hopefully with some capital gain so that their dollar unit becomes worth A110 $520

once we’ve taken an asset into a n gen trust we think it’s very important to manage it well as well so we also have a management company which which will manage the actual Property Management of a of of an asset and then we also do the asset management inhouse within that gen as well that way we can provide a a basically full service um from Cradle to grave in the asset and we can make sure that our short-term tactical decisions and the long-term strategic decisions or match.

Natgen was founded in 2019 and it’s the coalescence of about 25 year’s experience in this industry both by myself and my partners and our leadership team so we wanted to take what we’d learnt in that time and put it together into the type of company that we wanted to take forward to investors and that was a wholesale focused company so that we have a relatively small number of investors which we can have with whom we can have excellent communications with and we can make sure that we’ve got a depth of relationship that means that we can present them with good quality opportunities and they can understand them because we’ve gone through the process of communicating what we’re about where we’re coming from and why we’re doing it.