The Financial Markets Authority (AMF) reported on Wednesday “numerous inadequacies’ in real estate investment products. The AMF looked at real estate Investment companies (SCPI) with dismemberment.
These financial investments differentiate the rights of investors in bare ownership, who have the property, and those in usufruct, who use the property and receive the income but must also pay the indirect costs. The income received, the fees and costs borne, the liquidity and the investment horizon are different.