How to resell SCPI shares?

To sell shares directly in a real estate investment company (SCPI) (excluding life insurance), you will need to contact the management company.

For SCPIs with convertible capital, it is usually sufficient to send proof of identity and bank identification details for reimbursement.

The resale value of the units will be commensurate with the withdrawal price – the current subscription price, less subscription commission. It is the same for all partners and is determined by the management company.

You can request the resale of your shares at any time, but this process may take from a few days to a few months depending on the market context, as withdrawals are offset by collections. If SCPI is in the collection phase, the shares will be resold quickly, often in the month following your request. If SCPI doesn’t collect enough, you’ll be in a queue, waiting for it to collect or sell the assets. For the least attractive SCPI this may take several months.

It’s up to you to set the price

For SCPI with fixed capital, the scheme is more complicated, it is not the management company that ensures sales. It will be necessary to read the order book, which lists buy and sell orders. Normally the confrontation occurs once a month.

It’s up to you to set the price. Notebook history will give you an overview of recent exchanges. This is the law of supply and demand: If you want to sell quickly, you will opt for an attractive price. If you are not in a hurry, you can set a higher price.

To avoid getting locked out in a selling position, it is wise to invest in a portfolio of multiple SCPIs. If there is a liquid (from which you cannot exit at any time) At the time of sale, others may not be available.

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