- Single purpose vehicle (SPV) is a limited company set up solely for investment in property
- Typical standard industry classification codes (SIC codes) are 68100 (Buying and selling own real estate), 68209 (other letting and operating of own or leased real estate) or 68320 (manager of real estate on a fee or contract basis)
- For the company to be classified as a SPV then company must have one of these SIC codes and not trade in any activity other than the renting of property.
- A ltd company involved in property development for resale rather than holding it as an investment would be classified as a trading ltd company
Further Information You May Find Useful
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