Why every project gets its own company (SPVs, explained plainly).

"SPV" — special purpose vehicle — sounds like Wall Street jargon. The idea is simple: one project, one company, one set of accounts. It's the single most important structural protection in shared ownership.

The problem it solves

Imagine all projects shared one company and one bank account. If the yacht needed an emergency engine rebuild, the money could quietly come from the tower's rental income. If one project failed, its creditors could reach for the others' assets. Your investment in a healthy project would be hostage to problems you never signed up for.

How ring-fencing works here

• Separate legal entity. "BI Yacht One Ltd" owns the yacht and nothing else. "BI Property Two Ltd" owns the tower floors and nothing else.
• Separate bank accounts. Project money never mixes — not with other projects, and not with the platform company's operating money.
• Separate books. Each company closes its own monthly accounts, publishes its own waterfall, and holds its own reserve.
• Separate register. Your units are recorded in that project's register of members — a legal record, not a platform database entry.

What it means when things go wrong

Because each company stands alone, a problem is contained. If a project underperforms, distributions stop for that project — the others continue untouched. In a worst case, a wind-up settles one company's affairs without dragging the rest down. That's not a technicality; it's the difference between losing one investment and losing everything.

What to verify as an investor

1. The issuer name on the project page — then check your certificate carries the same name.
2. That reports are per-project, with per-project bank reconciliation.
3. That the platform's fees are disclosed as charges to the project company, not vague deductions.

Structure doesn't make investments safe — nothing does. But it makes risk honest: the risk you take is the risk of the project you chose, and nothing else.