Real Estate Assets: The properties themselves serve as collateral, securing your investment.

Project SPV: A special purpose vehicle (SPV) based in the UAE manages the properties, receiving bond proceeds under a facility agreement with the bond issuance vehicle.

Segregation of Assets: Investments are structured to eliminate cross-liability risk, ensuring that each project is financially independent and secured.

SPV Shares: The facility agreement is collateralized by 100% of the shares of the SPV holding the asset. In case of default, investors will gain control of the SPV, meaning there are no complex legal proceedings needed in the UAE. An EU arbitrator can sell off the asset, take out any cash holdings (construction budgets), and settle the investors in case of a default.