Each investment property on PRYPCO Blocks is owned by a Special Purpose Vehicle (SPV), and investors own shares (Blocks) in that SPV.
How ownership works
A dedicated SPV is set up for each property
The SPV is the legal owner of the property
When you invest, you purchase Blocks, which represent your ownership share in the SPV
Your ownership percentage is based on the number of Blocks you hold
This structure ensures that ownership is clearly defined, legally documented, and protected.
Why PRYPCO uses an SPV structure
Using an SPV helps to:
Clearly separate each property from the platform itself
Protect investor ownership rights
Ensure accurate tracking of shares and distributions
Support regulatory and legal compliance
Your ownership is reflected in both the SPV records and your PRYPCO Blocks investment portfolio.
💡Important to know
You do not own the property directly in your personal name
Your investment represents beneficial ownership through the SPV
Dividends and returns are distributed based on your shareholding