You are investing in a tokenized security, with these features:
It is NOT Fractional Ownership: It is crucial to understand that you are not acquiring direct equity, shares, or fractional ownership of the physical property.
The Tokenized Security's Role: Your investment makes you a bondholder of the legal entity that issues the security (German Estate Group GmbH). The performance of this security, and therefore your quarterly interest payouts, is linked directly to the economic performance of a specific, underlying property.
Our Role: Piece Germany GmbH provides the platform and interface for you to purchase this regulated financial product. We act as the Tied Agent for the licensed entity (Concedus GmbH),
Essentially, you are investing in a secure bond whose returns are powered by real estate assets. (What is the legal classification of Piece?)