Overview
Real estate cannot be placed on a blockchain. What can be tokenized are rights relating to it: shares or units in a property-holding vehicle, debt secured on the property, or rights to its income. The legal question is always the same — what exactly does a token holder own, and how is that right enforced?
We design structures in which the answer is clear, documented and consistent with the applicable regulation.
What the work covers
- Analysis of the asset, its owner and the investment objective
- Choice of the underlying right: equity, debt, profit participation, fund units
- The property-holding vehicle and its governance
- Regulatory classification of the token and the offering, with local counsel
- Token terms and their alignment with the corporate and contractual documents
- Investor onboarding, transfer restrictions and secondary transfers
- Income distributions, reporting and investor information
- Exit: sale of the property, redemption or other liquidity events
How the work is organised
- Feasibility review — asset, jurisdiction, investors and regulatory starting points.
- Structure design — the legal chain from property to token holder.
- Documentation — vehicle documents, token terms, disclosure and investor documents.
- Launch and operation — onboarding requirements and ongoing obligations.
What you receive
- A feasibility note with the main legal and regulatory questions
- A structure paper with diagram
- The documentation set, as agreed in scope
- A summary of ongoing obligations after launch
Good to know
Tokenized interests in real estate are often treated as financial instruments. We analyse classification conservatively and do not design structures intended to avoid regulation. Regulatory approval, where required, cannot be guaranteed.