Important: The following risk disclosures are not exhaustive. Property share investments carry significant risk and you should carefully consider your risk tolerance and seek independent financial, legal, and tax advice before investing.
1. Capital Risk
Investment in property shares involves exposure to the real estate market. The value of your shares may decline. In adverse scenarios — including, but not limited to, downturns in the real estate market, unexpected vacancies, higher-than-projected operating costs, and loss of major tenants — you could lose part or even all of your invested capital.
2. Liquidity Risk
- Shares are subject to a lock-up period, during which they cannot be listed on the secondary market.
- After the lock-up, resale depends on the existence of a willing buyer and on compliance review by our team. The secondary market may be illiquid for specific projects and there is no guarantee that you will be able to sell your shares at the requested price, or at all.
3. Dividend Risk
Dividends are declared at the discretion of the platform and depend on realized net income, cash flow, working-capital needs, tax, and regulatory reserves. Projected yields, historical distributions, and target dividend rates are forward-looking statements and are not guarantees of future income. Distributions may be reduced, suspended, or cancelled entirely at any time.
4. Project and Operational Risk
- Projects may face construction delays, cost overruns, planning-permit issues, contractor defaults, or delays to opening.
- Property damage, casualty losses, uninsured perils, environmental contamination, or disputes with tenants may reduce income and value.
- Third-party property managers and operators may not perform to expectations.
5. Interest Rate and Macro-Economic Risk
Changes in interest rates, inflation, recession, taxation, zoning laws, or other regulatory or macro-economic factors may negatively affect both the operating performance and the capital value of the underlying property, and therefore the value of your shares.
6. Currency and Cross-Border Risk
For international users, share prices and dividend distributions may be denominated in a currency different from your reference currency. Exchange-rate movements may increase or decrease your returns. Cross-border transactions may also be subject to delays, fees, or sanctions screening.
7. Concentration Risk
Unless you intentionally diversify across multiple projects, your portfolio may be concentrated in a single property, single geography, or one real estate sector — amplifying any adverse outcome specific to that asset or market.
8. Regulatory and Compliance Risk
Changes in securities laws, property regulations, tax law, or the platform's own licensing status may affect the holding, transferability, taxation, or enforceability of your shares.
9. Platform and Technology Risk
- Cyber incidents, systems outages, data corruption, or human error may affect the accuracy of ownership records or the availability of the Service. We maintain backups, audit logs, and access controls to mitigate this risk but cannot eliminate it entirely.
- Ownership records kept on the platform are authoritative over any information cached, displayed, or exported on third-party devices.
10. Conflicts of Interest
The platform or its related parties may have direct or indirect interests in the projects listed, receive fees from issuers or service providers, and act as administrators of the secondary market. Potential conflicts are documented in each project's offering materials and managed by internal policies and procedures.
11. Your Decision
By reserving or purchasing shares, you confirm that: (a) you have read and understood this Risk Disclosure in full; (b) you are relying on your own judgment and professional advice; (c) you have sufficient financial knowledge and experience to evaluate the risks; and (d) you are able to bear the potential loss of your entire investment.