“We are very pleased to have proven how the fractional property model can work in a managed account structure,” said DomaCom chief executive Arthur Naoumidis.

David Heather, managedaccounts.com.au chief executive, said he is pleased with how the business model is progressing for clients.

“Enabling DomaCom’s capability within our offer has satisfied increased demand for the inclusion of direct property exposure from a number of our advisory firm clients, particularly those working with SMSFs,” he said.