SPV Reserve

    Each SPV will have an SPV Reserve to ensure that void periods, potential maintenance and other negative cash flow events are properly provisioned for. The SPV Reserve will be funded by Share Investors as part of the initial transaction costs e.g. property 100K, transactions costs 5K, SPV Reserve 1K, so total SPV funds add up to 106k. SPV funds are, ultimately, Share Investor funds and are taken into account when valuing the SPV.