Frequently asked questions


Investor FAQs

What exactly do investors own in the Property Share Scheme - Income-Focused Investment?

Investors acquire redeemable preference shares in Aurus Impact Capital. The company is established to facilitate this investment and to hold a 20% equity interest in UK property holding companies that own specialist supported housing assets. Investors do not acquire ordinary shares, do not control Aurus Impact Capital, and do not hold shares in Aurus Property, Carnegie Group Limited, or Genivs Investment Group Limited.

How and when are returns paid to investors?

Holders of preference shares are entitled to a preferred return of 2.5% per 6 months, paid from income received by Aurus Impact Capital. Payments are expected to be made 6 monthly, subject to available income and the terms of the preference shares.

Are returns guaranteed?

Returns are not guaranteed. The preferred return is a contractual entitlement within the structure, ranking ahead of ordinary shareholders, but it remains dependent on the performance of the underlying assets and income flows to Aurus Impact Capital.

How does the 4-year return and redemption work?

Preference shares are intended to be held for four years, after which they are expected to be automatically redeemed at 120% of the original subscription price, subject to the investment documentation. This redemption mechanism is contractual but not guaranteed.

How is redemption funded?

Redemption may be funded through a combination of retained income within Aurus Impact Capital, the exercise of contractual put options requiring Carnegie and Genivs to acquire Aurus Impact Capital’s interests in the UK property companies, or third-party financing.

How does an investor invest?

Investors subscribe for preference shares through a structured onboarding process. The online investment platform allows investors to submit details digitally, complete AML and KYC checks, and link directly with the recommended solicitor for legal completion.

Can investors invest more than once?

Yes. Investors may subscribe for preference shares on more than one occasion, subject to availability and completion of the relevant onboarding and legal processes.

Is there a maximum investment amount?

The total capital raise for this offering is capped at approximately GBP 10 million, represented by 1,000 preference shares. Individual allocations are subject to availability within this overall limit.

What are the main risks to investors?

Key risks include property market risk, operational performance of supported housing assets, and financial performance of the underlying companies. In a worst-case scenario, structural failure could affect investor capital. Mitigations include independent valuations showing asset equity, audited financial accounts, capital income insurance, and long-term contractual arrangements with local authorities or supported housing operators. No investment is risk free.

What happens if the underlying assets are sold?

Carnegie and Genivs may accept third-party offers for the UK property companies. In these circumstances, drag-along provisions allow Aurus Impact Capital’s interests to be sold alongside the majority shareholders, with proceeds applied according to the investment documentation.

How are investor funds handled?

All investor funds are transferred and deployed via solicitors in accordance with formal legal documentation. Capital is released only when agreed conditions are met, providing an additional layer of security and transparency.

What is the underlying asset?

The investment provides exposure to an existing, income-producing portfolio of UK residential properties operating under established rental contracts. The portfolio has an independent valuation of approximately £170 million. The current capital raise of £10 million is intended to support further expansion while maintaining conservative balance sheet discipline.

Is early exit available?

Yes. Investors may request early redemption after 12 months. However, early redemption does not include the rolled-up interest element, which is payable only on completion of the full 48-month term. Early exit is subject to the company’s liquidity position and the terms of the investment documentation.

What happens at the end of 48 months?

At the end of the 48-month term, investors are entitled to redemption of their capital together with any rolled-up return element, subject to the formal terms of the investment agreement. The structure is designed with a defined exit mechanism to provide clarity and predictability.

Is the investment secured against specific properties?

Investors participate in the company via a preference share structure. This provides priority income rights over ordinary shareholders but does not constitute a direct legal charge over individual properties. The strength of the investment is based on the scale and valuation of the underlying portfolio, established rental contracts, insurance protections where applicable, and conservative capital raising relative to asset value.

What protections are in place if rental contracts fail?

The portfolio operates under established housing agreements and is supported by insurance arrangements designed to mitigate income interruption risk. In addition, the diversified nature of the portfolio reduces reliance on any single property or contract.

Why is only £10 million being raised against a £170 million portfolio?

The capital raise represents a measured and disciplined expansion strategy rather than aggressive leverage. Maintaining a conservative capital structure strengthens resilience and protects investor interests.


About FAQs

How is the wider group structured?

The underlying UK property holding companies are owned by Carnegie Group Limited and Genivs Investment Group Limited in an 80:20 split. Aurus Impact Capital sits alongside these shareholders and participates economically by holding a minority stake in each UK property company, funded by investor capital raised through preference share issuance.

Is this a collective investment fund?

No. The structure is intended to fall outside the scope of the Collective Investment Funds (Jersey) Law 1998 by relying on the exemption available under the Collective Investment Funds (Restriction of Scope) (Jersey) Order 2000. The investment is structured as a special purpose securitisation-style vehicle for financially sophisticated investors.

Is there a formal investor or shareholder agreement?

Yes. Investors are bound by legal documents including Aurus Impact Capital’s memorandum and articles of association, a subscription agreement, and a hybrid share sale and shareholders’ agreement governing the relationship between Aurus Impact Capital, Carnegie, and Genivs. These documents define investor rights, return mechanics, redemption provisions, and governance.

Why is the company based in Jersey?

Jersey is a leading international finance centre with strong governance, legal stability, and established company law. Using a Jersey entity is a structural and administrative decision designed to provide a robust legal foundation for investors.

Is Aurus Impact Capital FCA regulated?

Aurus Impact Capital is not directly authorised by the Financial Conduct Authority (FCA). However, the company operates with support from an FCA-regulated administrator for oversight, compliance processes, and governance standards. This is a structured investment and is not covered by the Financial Services Compensation Scheme (FSCS).


General FAQs

What is Aurus Impact Capital?

Aurus Impact Capital is a Jersey-incorporated investment vehicle that gives investors structured access to income-generating UK residential property assets, with a focus on specialist supported housing. It sits within a wider operating platform with experience across build-to-rent, general needs housing, and supported accommodation.

Is this investment protected by any regulatory body or government guarantee?

There is no government guarantee or capital protection scheme. Aurus Impact Capital is administered in Jersey and subject to Jersey regulatory requirements, including AML supervision by the Jersey Financial Services Commission. As with all property-backed investments, capital and returns are not guaranteed.

Are returns taxed before being paid to investors?

Tax is the responsibility of the individual investor. Returns are paid gross, and investors should obtain independent tax advice based on their personal circumstances and jurisdiction.

How long does it take from application to capital deployment?

Timescales vary depending on onboarding, legal completion, and asset acquisition timing. Investors are kept informed throughout the process via regular communications.

How often will investors receive updates?

Investors receive quarterly updates covering performance, income, and material developments.

What reporting is provided?

Reporting includes financial statements and performance information relating to Aurus Impact Capital.