SCPI, or Société Civile de Placement Immobilier, is a French investment vehicle that allows individuals to invest in real estate without directly owning properties. It pools funds from multiple investors to purchase and manage a diversified portfolio of real estate assets, such as commercial buildings and residential properties. Investors receive income from the rental yields generated by these properties. One of the main advantages of SCPI is that it offers a way to invest in real estate with lower capital requirements compared to buying property outright. Additionally, SCPI investments are typically managed by professional firms, providing investors with expertise in property management and market analysis.