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DomaCom Australia sees opportunity in election and new product despite cooling market

DomaCom Australia Ltd (ASX:DCL) chief executive officer Arthur Naoumidis speaks to Proactive Investors about the company's recent grown in funds under management.
Naoumidis says the company’s funds under management will continue to grow thanks to a debt investment from La Trobe Financial, putting it in an ideal position to benefit from potential changes to investment property laws and continued long term demand for property.
He added that Australia’s property downturn means investors can get value for their investments, particularly as rent has remained relatively resilient.
Naoumidis also says the impending federal election means there may be changes to borrowing laws which could make DomaCom one of the few property plays available to self-managed super funds.

Quick facts: DomaCom Ltd

Price: 0.095 AUD

Market: ASX
Market Cap: $26.45 m

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on 13/7/20

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