Testing data room opened
The valuation summary, use-of-funds table and risk statement are now available in the test data room.
Fractional ownership Moderate riskTesting experience — no real money
Amman Gardens income building
Test fractional ownership of a completed, occupied residential building with property-level reporting.
Opportunity overview
Amman Gardens income building
A completed twelve-apartment building used to test SPV-level ownership, rental reporting, expense disclosure and a five-year sale vote.
TargetJOD 1,260,000
Minimum test reservationJOD 500
Projected annual return7.2%
Target term60 months
65%JOD 819,000 reserved in testing
A forecast based on stated assumptions. It is not guaranteed and is not realised performance.
Financial model
Minimum closeJOD 1,100,000
Maximum raiseJOD 1,260,000
Developer contributionJOD 126,000
Independent valuationJOD 1,350,000
Use of funds
Property acquisitionJOD 1,150,000
Transfer, legal and setup allowanceJOD 74,000
Initial operating reserveJOD 36,000
Fees and costs
Test platform fee1.5% at funding close
Illustrative annual administration0.5% of asset value
Ownership and funding structure
Security or ownership rank
Illustrative shares in a property-specific SPV; the final rights depend on approved Jordanian documents.
Planned exit
An investor vote after the target hold period, followed by an open-market sale if approved. An early buyer is not guaranteed.
Returns, repayment, property value and liquidity are not guaranteed. Capital could be delayed or lost in a live investment.
There is no guaranteed early exit. A future transfer facility would depend on regulatory approval and an eligible buyer.
Due diligence
Title and encumbrance evidenceEvidence reviewed for testing
Independent valuationEvidence reviewed for testing
Feasibility and cost planEvidence reviewed for testing
Beneficial-owner checksEvidence reviewed for testing
Conflicts reviewEvidence reviewed for testing
A relative platform classification, not a guarantee or credit rating.
Key risks
Vacancy, rent collection and maintenance costs may reduce distributions.
The property may sell below the acquisition price and an early exit may not be available.
The proposed SPV structure remains subject to Jordanian legal and regulatory approval.
Downside case
A 15% fall in rent and 10% rise in operating costs reduces the projected annual cash yield to 4.8% before an exit valuation change.
Documents
Testing investment memorandumDisclosure version 1.2 · Evidence reviewed for testing
Independent valuation summaryDisclosure version 1.0 · Evidence reviewed for testing
Risk statementDisclosure version 1.1 · Evidence reviewed for testing
Project updates