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DomaCom launches $410 m crowdfunding campaign for Kidman Station

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A $410 million crowdfunding campaign is being pitched to self-managed super fund investors in a bid to keep S Kidman and Co, the country's largest landholder, majority Australian owned. Self-described "fractional property investing platform" DomaCom has structured the proposed deal based on a valuation of $400 million to $410 million. That would provide a $30 million to $40 million sweetener to vendors the Kidman family, compared with the reported $360 million to $370 million Chinese...

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