Global Definitions Database

Reversionary yield

The estimated rental value as a percentage of gross property value.

Net Initial Yield (NIY)

The passing rent or net operating income divided by the gross property value including notional Net equivalent yield

A time-weighted average of the net initial yield and reversionary yield, representing the return a property will produce based upon the timing of t...

Distribution-dividend yield

The amount of income (or shareholder loan interest payments) the vehicle distributes to investors on a rolling 12 months basis as a percentage of t...