// definition
SCPI
French unlisted property investment vehicle
fraisrevu il y a 0 j
Short definition
A société civile de placement immobilier pools investors’ money in a managed portfolio of rental property. Its units are unlisted; income, capital and a quick resale are not guaranteed. For directly held units, exit conditions depend on the vehicle’s variable-capital arrangements or its organised secondary market.
risk atlas
Knowledge map
Related analyses
- French SCPI funds: the price of getting outExecuted prices, fees, volumes and valuation references.
Primary sources
- AMF, investing in an SCPIUnlisted property investment and liquidity risk. French-language source.
- AMF, redemptions and sell ordersDirect holdings, request lifetimes and suspending variable capital. French-language source.