Risk Disclosure

This Risk Disclosure applies to investment products offered by or through CEG, including tokenised and fractional real-estate interests and related products. It is essential reading. By investing, you confirm that you have read, understood and accepted these risks.

1. General investment risk

All investments carry financial risk. The value of an investment can go down as well as up, and you may receive back less than you invested. You should invest only amounts appropriate to your circumstances and, where needed, seek independent financial, legal and tax advice.

2. Returns

Where a specific product or contract states a fixed or guaranteed return (for example a fixed annual or monthly rate set out in the relevant purchase agreement), that return is the contractual entitlement under that agreement and is payable on its terms. Where figures are presented as projections, targets, forecasts or expected ranges, they are estimates based on CEG’s internal models and assumptions, are not promised, and actual results may differ. In all cases, your entitlement is defined by the definitive contract for the specific product, and all products remain subject to the risks described in this disclosure, including the risk of delay or, in adverse circumstances, of capital loss. Past performance does not guarantee future results.

3. Real-estate and development risk

• Property values can fall due to market, economic, currency or local conditions.
• Off-plan or under-construction projects carry completion-timing, cost-overrun, contractor and developer-default risk; completion dates are targets and may move.
• Rental income depends on occupancy, seasonality and management performance.
• Foreign-market investments (for example in Morocco or the UAE) carry additional legal, tax, title, currency and political risk.

4. Liquidity risk

These are generally illiquid, fixed-term investments. There may be no secondary market, and you may be unable to sell or exit before the agreed term or a defined event such as project completion or sale. Capital may be committed for the full term.

5. Token, technology and custody risk

• Tokenised interests rely on distributed-ledger technology, which carries smart-contract, cyber-security, key-management and operational risks.
• Loss of private keys or wallet access may result in irreversible loss.
• The legal treatment and enforceability of token-based rights may change as law and regulation evolve.

6. Regulatory and tax risk

Laws and regulations governing tokenised assets, securities and real estate may change and may affect the value, transferability or legality of an investment in your jurisdiction. Tax treatment depends on your personal circumstances and may change. You are responsible for your own tax position.

7. Currency risk

Where investments or returns are denominated in a currency other than your home currency, exchange-rate movements may affect value.

8. Conflicts of interest

CEG Group entities may act in more than one role (for example sourcing, brokerage, platform and management) in relation to the same asset. The fees and the basis on which CEG is remunerated are disclosed in the product documentation.

9. Suitability and jurisdiction

Products may be available only in permitted jurisdictions and to eligible investors. It is your responsibility to ensure an investment is lawful and suitable for you before proceeding.

10. Reliance on definitive documents

This is a summary and cannot describe every risk. The definitive risk factors, terms and disclosures for each product are set out in that product’s offering and contractual documents, which prevail.