A Special Purpose Vehicle (SPV) is just a fancy way of saying “a separate new entity” – it’s no different than setting up a new business.
When you invest, you don’t own the property directly. Instead, you own shares in the SPV, which in turn owns the property on behalf of all investors.
This structure allows multiple investors to co-own a single property in a simple and secure way, while keeping each property separate from others on the platform.