Law firm founded 10 years ago · 30,000 clients represented • Paris • Marseille • Les Gets
SCPIs (Sociétés Civiles de Placement Immobilier) are a popular investment vehicle, particularly because they allow for true risk pooling. Depending on their type, they offer either a return that is often higher than that of traditional rental real estate or, in the case of so-called “tax-advantaged” SCPIs, access to particularly attractive tax-exemption schemes.
An SCPI holds a portfolio of assets based on the funds it has raised. If one or more assets do not perform well, this is offset by the others, allowing the risk to be diluted and shared.
Its objective is to distribute regular rental income to its partners, generally at a rate higher than the market rate. It holds a diversified portfolio of assets (offices, retail spaces, residential properties) that generate rental income, which is distributed to partners based on their respective ownership shares.
Allows its partners to benefit from significant tax advantages (income tax credits, deductions) related to investments made, in particular, under the Malraux, historic monuments, or Pinel programs.
Assistance and representation in disputes among partners of an SCPI, disagreements over strategy, challenges to general meeting decisions, and the expulsion of partners.
Challenges to management, actions for rendering of accounts, challenges to general meeting decisions, requests for disclosure of documents.
Lawsuits against the management company or distributors for mismanagement, breach of disclosure obligations, or misleading marketing.
The management company is authorized by the AMF. In the event of regulatory violations, we take action to report them or as part of sanction proceedings.
Advice on assets held by the SCPI; disputes involving sales law or construction law.
Yield-focused SCPIs (regular rental income) and tax-advantaged SCPIs (significant tax benefits under the Malraux, MH, and Pinel programs)
SCPI management companies are licensed by the French Financial Markets Authority (AMF)—the key point of contact in the event of a violation
Disputes among partners, vs. management company, liability, AMF, investments made by the SCPI
A yield-oriented SCPI distributes regular rental income at a rate that is generally higher than the market rate. A tax-advantaged SCPI allows its shareholders to benefit from significant tax advantages— such as income tax reductions—related to investments in properties designated under the Malraux, historic monuments, and Pinel programs, among others.
Yes, in certain cases. The management company has significant legal and regulatory obligations to the AMF. In the event of a breach, mismanagement, failure to provide information, or decisions that are detrimental to the partners, a liability action may be brought. We will review your case to determine the available remedies.
A complaint may be filed with the AMF in the event of a serious breach by the management company of its regulatory obligations: failure to inform partners, improper marketing practices, or management contrary to the interests of unit holders. We analyze whether the facts warrant filing a complaint.
Review your case with an attorney specializing in class-action litigation, wealth management, and financial emergencies.
