When you invested in a property under the exemption, you did not invest in BRXS but in a separate legal entity that owns that specific property. If BRXS goes bankrupt or can no longer manage the property, the property will be sold and the net proceeds will be used to pay back the loan, after repayment of any outstanding mortgage.
BRXS is applying for a full AFM license in 2023 as it extends its activities.