Global Definitions Database

The target percentage of investments in non-income producing investments with the aim of generating future income after (re)development, refurbishment or re-letting activities.
Note: Income producing investments are investments in assets for which construction work has been completed and which are owned for the purpose of letting, producing a rental income that is negotiated at arm’s length with third parties.
Non-income producing investments are investments in assets (either properties or land) that at the time of investment are not producing any rental income and for which either (re)development, refurbishment or re-letting activities have to be undertaken before rental income is possible.