To enable fractional ownership, each investment property on PRYPCO Blocks is held through a dedicated legal structure known as a Special Purpose Vehicle (SPV).
This structure defines how ownership is recorded, protected, and managed.
As a result, the title deed is registered in the name of the SPV, not individual investors.
What is an SPV?
A Special Purpose Vehicle (SPV) is a separate legal company created to own and manage a single property. On PRYPCO Blocks, each property is held within its own SPV. This means:
Every property is legally independent
Ownership is clearly structured and documented
Investors participate through shares in the SPV
When you invest, you purchase Blocks, which represent your shareholding in the SPV that owns the property.
Your ownership is legally recorded through:
The SPV’s shareholder records
Your PRYPCO Blocks investment portfolio
How ownership works
The SPV is the legal owner of the property and appears on the title deed
Investors do not own the property directly
When you invest, you purchase Blocks, which represent your shareholding in the SPV that owns the property
Your ownership percentage depends on the number of Blocks you hold
Your ownership is legally recorded through:
The SPV’s shareholder records
Your PRYPCO Blocks investment portfolio
SPV records are the legal source of truth for ownership.
Why the title deed is under the SPV
Holding the property under an SPV:
Allows multiple investors to own a single property
Protects investor ownership by isolating each asset
Ensures clear legal and regulatory compliance
Enables buying and selling Blocks without changing the title deed each time
This structure is standard for regulated fractional real estate platforms.
How this affects you as an investor
Your name will not appear directly on the title deed
Your ownership is legally recognised and protected through the SPV
Dividends and returns are distributed based on your shareholding
Any ownership changes (such as Exit Window transactions) are reflected through SPV updates
Important to know
Each property has its own SPV
SPV records determine legal ownership at all times
Returns and dividends are paid in proportion to your Blocks
