An account that generally includes a mix of core investments and noncore investments that will have less stable income streams. The Account as a whole is likely to have moderate lease exposure and moderate leverage. As a result, such Accounts should achieve a significant portion of the return from appreciation/ depreciation and are expected to exhibit moderate volatility.
Global Definitions Database
Value-added (RS Style)
Source: NCREIF PREA Reporting Standards | Date: 23 March 2020 | ID: D0091 | Version: 4