Does this look like a scam to you? http://www.afr.com/real-

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Does this look like a scam to you?

http://www.afr.com/real-estate/100-a-brick-a-new-way-to-invest-in-property-through-brickx-exchange-20160908-grbvbg

https://www.brickx.com/

>tl;dr Asset Management company buys an Australian house which they then rent out and then 'splits' it into 10,000 blocks (or bricks). You can then buy blocks in the house up to 5% of the 10,000 'bricks' and then get profit/dividends off the rent or can sell your bricks for either profit or loss depending on the valuation of the house. They claim to make 1.75% off each brick/block sale transaction and deduct 6% for property management fees each time you get paid for occupant rental fees
>houses are independently valued twice a year.

Sounds a bit sketchy desu