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Used in (
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Global
INREV
NCREIF
NCREIF PREA Reporting Standards
Topic (
all
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Impact Investing
Debt Related Terms and Vehicles
ESG / Sustainability
Fees and Expenses
Reporting and Performance
Asset Management
Vehicle Terms and Structuring
Regulatory
Key Term
Institutions / Standards
Alphabetical
Latest added
Most viewed
A
Absolute energy
Accounting Standards Update (ASU)
Acquisition
ADC Arrangements
Additional Contingent Interest
Additionality
Affordable Housing
All-in Interest Rate
Allocated Loan Amount
Alternative Investment Fund (AIF)
Alternative Investment Fund Manager (AIFM)
Amortization Period
ANREV
Appreciation
Asset Liability Matching (ALM)
Asset Management Company
Asset management fee
Asset Manager
Asset Originator
Asset weighted
Asset weighting methodology
Asset-backed securities (ABS)
Asset-weighted composites
Assets under Management (AUM)
Assignment / Transfer clauses
Attachment Point LTV
Audit costs
Authorised Management Company
B
Bank / loan / overdraft / debt interest
Bank Charges
Base Interest
Base Rent Income
Benchmark
Borrower
Borrower sustainability credentials
Borrower sustainability scorecard
Boundaries
Break Costs
Bridge Loan
Brownfield
Building energy intensity
Building GHG intensity
Building types
Building water intensity
Bullet Repayment
C
Capital call
Capital call notice
Capital commitment
Capital contribution
Capital distribution
Capital expenditure (Capex) Facility
Capital expenditures (CAPEX)
Capital Structure
Caps (Interest)
Carbon Disclosure Project
Carbon trading
Carried interest
Carve-outs (lending)
Cash management fee third party
Cash Sweep
Catch-up
CFA Institute
Claw back
Climate Risk
Closed End Vehicle
Club Deal
Commercial mortgage-backed securities (CMBS)
Commingled Fund
Commitment
Commitment fees
Commitment period
Common parts
Community Center (retail)
Community Development
Compensation Prepayment Proceeds
Composite
Conditions Precedent
Conditions Subsequent
Constitutional Documents
Construction Loan
Contingent Interest
Contingent liabilities
Contingent Rent
Contractual Interest
Contractual Principal
Controlling Equity Interest
Core (INREV Style)
Core (RS Style)
Corporate Governance
Cost Approach (valuation technique)
Cost of development portfolio
Costs of Sale
Credit Committee
Credit Default Swap (CDS)
Credit enhancements
Credit Rating
Cross Collateralization
Cumulative TWR returns
Cure Rights
Currency exposure
Current development exposure as percentage of Gross Asset Value (GAV)
Custodian costs
D
Dead deal costs
Debenture
Debt arrangement costs
Debt arrangement fee
Debt Fund
Debt Interest
Debt Service Coverage Ratio - DSCR (INREV)
Debt Service Coverage Ratio - DSCR (RS)
Debt Vehicle
Debt Yield
Default Covenant
Deferred taxes
Deposit Account
Development
Development Facility
Development fee
Development Margin
Discount margin
Discretion
Disposals Account
Disposition
Distribution fee
Distribution-dividend yield
Distributions
Distributions to paid-in capital (DPI) multiple
District heating and cooling
Diversity, Equity and Inclusion (DEI)
Dividend Payment
Duty of Care Agreement
E
Economic Development
Economic Share
Effective Share
Emerging Issues Task Force (EITF)
End of Investment Period
End of maximum extendable vehicle term
Environment, Social and Governance (ESG)
Equity multiple (Gross)
Equity multiple (Net)
Equity multiple- gross, projected
Equity multiple-net, projected
Equity-share
Estimated Rental Value (ERV)
Euro Interbank Offered Rate (EURIBOR)
Event of Default (EOD)
Excluded Recovery Proceeds
Exempt fees and costs
Exit LTV
Expansion
External leasing commissions
F
Facility Agent
Fair Value
Fair Value (GIPS, Appraisal Institute)
Fair value (IFRS definition)
Fair Value Accounting Policy Manual
Fair Value Generally Accepted Accounting Principles (FV GAAP)
Fair Value Net Asset Value (FV NAV)
Fair value of investment portfolio
Fair value of vehicle according to INREV guidelines
Fair Value Option
Fashion / Specialty Center
Fee reductions/rebates
Fee waivers
Feed-in-Tariffs
Feeder Vehicle
Final closing
Financial Accounting Standards Board (FASB)
Financial control
Financial Covenants
Financial Inclusion
Financing Company
Financing fee
First Ranking Mortgage
Fixed and floating charges over assets
Fixed Rate Debt
Fixed Rate Recourse Debt
Flex Space (industrial)
Flexibility for alternative use
Floating Rate Debt
Floor area
Foreign exchange difference
Foundational Standards
Free Rent
Fugitive emissions
Fund
Fund /Account(s)
Fund management fee
Fund Manager
Funds of funds
G
Garden-type Apartments
General Partner (GP)
Generally Accepted Accounting Principles (GAAP)
Geometrically linked TWR
Global Investment Performance Standards (GIPS®)
Governmental Accounting Standards Board (GASB)
Greenfield
Greenhouse gas (GHG) emissions
Gross asset value of vehicle (Including pro rata share in joint ventures)
Gross Assets (for fund leverage measures)
Gross equity multiple of vehicle realized
Gross initial yield
Gross operating income
Gross property return
Gross property value
Gross return
Gross Sales Price
Guarantee
H
Hedged %
Hedging Arrangement/Agreement
hedging instruments
High Quality Liquid Assets (HQLA)
High-rise Elevator Apartments
Highest and Best Use
Historical Interest Cover Ratio (Historical ICR)
Hold Period
Holding Company
Hurdle Rate
HVAC
I
Impact Investing
Impact investing metrics
Impact Measurement & Management
Inception date
Inception date (Fund)
Income Approach (valuation technique)
Income distribution
Income return
Indexed Rent
Industrial Revenue Bonds
Information Covenants
Initial Closing
Initial Leasing
INREV
INREV Guidelines
Insurance Prepayment Proceeds
Intentionality
Intercreditor Agreement
Interest Payment Date (IPD)
Interest Period
Interest Rate
Interest rate hedging ratio
Interest Rate Swaps
Interest reserve account
Internal leasing commissions
Internal Rate of Return - IRR (INREV)
Internal Rate of Return - IRR (RS)
Internal Rate of Return-gross
Internal Rate of Return-net
Internal Rate of Return-original and projected
Internal Rate of Return-realized (Gross) vehicle
Internal Rate of Return-since inception gross of fees
Internal Rate of Return-since inception net
Internal Rate of Return-starting from inception to end-projected-gross
Internal Rate of Return-starting from inception to end-projected-net
Internal Ratings-Based Approach (IRB)
Internal valuation
International Financial Reporting Standards (IFRS)
International Valuation Standards Council (IVSC)
Investee
Investment
Investment Advisor
Investment Company
Investment level
Investment Management Company
Investment Manager
Investment margin (Spread)
Investment multiple
Investment Period
J
Job creation
Joint Venture
Junior Debt
K
Key person clause
L
Lease Area
Legal fees (Not property specific)
Letter of credit (LOC)
Leverage
Leverage Limits
Leverage Percentage
Life Insurance Separate Account
Limited Liability Company
Limited Liability Partnership (LLP)
Limited Partner
Limited Partnership (LP)
Liquidity Coverage Ratio (LCR)
Loan Amortisation
Loan Amortization Period
Loan Covenants
Loan Lockout Period
Loan Term
Loan to Cost (LTC)
Loan to equity
Lock-up
Lock-up Period
London Interbank Offered Rate (LIBOR)
Low-rise Apartments
M
Make-Whole Margin
Make-Whole Provision
Mandatory disclosure requirements
Manufacturing facility (industrial)
Margin
Mark-to-Market
Market Approach (valuation technique)
Market Vacancy
Market Value
Marketing costs
Master Vehicle
Material Adverse Effect
Maturity Date
Maximum LTV
Mezzanine Debt
Minimum Capital Requirement (MCR)
Modified Dietz
Mortgage Company
Multi manager
N
National Council of Real Estate Investment Fiduciaries (NCREIF)
Neighborhood Center (retail)
Net Asset Value - NAV (INREV)
Net Asset Value - NAV (RS)
Net Debt Yield
Net equivalent yield
Net financing cost
Net Initial Yield (NIY)
Net investment income-Operating Model
Net Operating Income (NOI)
Net return
Net Sale Price
Net Zero Carbon Building
NOI yield
Nominal value of debt excluding shareholder loans
Non-controlling effects on the INREV NAV adjustments
Non-Controlling Equity Interests (Minority Interest)
Non-Operating Model
Non-participating mortgage loan
Non-Performing Loan (NPL)
Non-Recourse Debt
Number of assets
Number of new / renewed loans
O
Obligor
Offer price
Office Showroom
Open End Vehicle
Operating Model
Operational control
Operational Real Estate
Operational results
Opportunistic (INREV Style)
Opportunistic (RS Style)
Other net income
Other/misc. vehicle costs
Outlet Center
Outstanding Capital Commitment
Outstanding Portfolio Balance
Outstanding Principal Balance
Over the Counter (OTC)
P
Paid in capital
Paid in Capital Multiple
Paid in capital to committed capital multiple
Parallel Vehicle
Partial Period (for TWR purposes)
Participated Loan
Participating mortgage
Partnership
Payment in Kind (PIK) interest/ Accrued Interest
Pension Real Estate Association (PREA)
Percentage of total capital commitments invested
Percentage Rent
Performance Attribution
Performance Bond
Performance fee
Permitted Payment
Persons
Physical Risk
Placement agent costs
Planned Liquidation Date
Pooled Trusts
Portfolio Interest Service Coverage Ratio
Power Center
Predevelopment
Prepayment
Prepayment Fees
Prepayment Penalty
Private Placement
Private Placement Memorandum (PPM)
Professional services costs
Project management costs
Project management fee (excl. development activities)
Property
Property acquisition costs
Property acquisition fee
Property Company
Property Conversion
Property disposition costs
Property disposition fee
Property insurance costs
Property Loan to Value (LTV)
Property Management Company
Property management costs
Property Management Fee
Property Manager
Property Protection Loan
Property-level loan to value
Property-related taxes
Public/Private Partnership (PPP)
R
Real Estate Expense Ratio (REER)
Realised (capital) gain/ loss
Realization Multiple
Recallable Capital
Recourse Debt
Recovery Payment Proceeds
Redemption
Redemption Cap
Redemption fees
Redemption Queuing Mechanism
Redevelopment
Refurbishment
Regional Mall
Registered Investment Advisor (RIA)
Regulatory / Statutory costs
Reimbursement Income
Related parties
Remaining capital commitment
Renewable energy
Renovation
Repayment
Replacement Costs
Reporting standards - handbook volume I and II
Repositioning
Required standard
Research and Development (industrial)
Residential Mortgage-Backed Securities (RMBS)
Residual multiple
Residual value
Residual value to paid-in capital multiple (RVPI)
Restrictions on transfer
Return of capital
Reversionary income
Reversionary yield
ROI (Return on Investment)
S
Second Mortgage
Secondary Trade
Securities handling charges
Securitized Loan
Security
Security Agent
Segregated Account
Self-Storage (facility)
Senior Living (facility)
Senior Loan
Separate Accounts
Set-up costs
SFAS
Side Letter
Single Account
Single Client Account
Social Impact
Special Purpose Vehicle (SPV)
Spens Clause
Sponsor
Stabilisation
Staff costs
Standalone Sustainable Lending Policy
Standing investment
Start of Investment Period
Statement of Position (SOP) (accounting)
Step in Rights
Stepped Rent
Strategy-Account Vehicle
Style
Style-Fund
Subordinated Creditor
Subordinated Creditor's Security Agreement
Subordinated Loan
Subordination Agreement
Subscription Agreement
Subscription fee
Subscription queuing mechanism
Subscription secured credit facilities
Super-Regional Mall
Surety Bond
Sustainability
Sustainability scorecard
Sustainable Development Goals (SDG)
Sustainable Investment
Syndicated Loan
Syndicated loan purchaser
T
Target percentage non-income producing investments
Target percentage of (re)development exposure
Target return derived from income
Tax effect of the adjustments
Taxes on property related activities
Termination Clause
Termination Date
Theme / Festival Center
TIF Notes
Time-Weighted Return (TWR)
Time-Weighted Return (TWR) (Fund Level)
Time-Weighted Return (TWR), investment level
Time-Weighted Return (TWR), property level
Total capital commitment drawn
Total capital commitments (By all investors)
Total capital drawn down
Total current outstanding capital
Total debt maturities
Total direct GHG emissions
Total Expense Ratio (TER)
Total indirect GHG emissions
Total return (net and unlevered)
Total return net to investor
Total return of capital
Total returned capital recalled
Total Value to paid in capital multiple (TVPI)
Transaction Document
Transaction Obligor
Transaction offsets
Transfer agent costs
Transition Risk
Trustee Costs
U
Underserved population
Unfunded Commitment
Uniform Standards of Professional Appraisal Practice (USPAP)
Unrealised (capital) gain / loss
Utilities, repair and maintenance costs (non-rechargeable portion)
V
Vacancy (Based on estimated rental value)
Vacancy (Based on leasable floor space)
Valuation
Valuation costs
Value-added (INREV Style)
Value-added (RS Style)
Vehicle
Vehicle administration costs
Vehicle Documentation
Vehicle formation costs
Vehicle Formation Date
Vehicle Loan to Value (LTV)
Vehicle Manager
Vehicle-level loan to cost
Vehicle-level loan to value
Vintage Year
Void rate
W
Warehouse (industrial)
Waste by disposal route
Waterfall Analysis
Waterfall calculation
Wealth taxes
Weighted average cost of debt
Weighted average cost of debt excluding shareholder loans
Weighted Average interest rate of Fund T1 leverage
Weighted average lease expiry
Weighted average maturity of debt excluding shareholder loans (Years)
Weighted Average Remaining term of Fixed Rate Fund T1 leverage
Weighted Average Remaining term of Floating Rate Fund T1 leverage
Wind-up fee
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
X
Y
Z
W
Wind-up fee
Weighted Average Remaining term of Floating Rate Fund T1 leverage
Weighted Average Remaining term of Fixed Rate Fund T1 leverage
Weighted average maturity of debt excluding shareholder loans (Years)
Weighted average lease expiry
Weighted Average interest rate of Fund T1 leverage
Weighted average cost of debt excluding shareholder loans
Weighted average cost of debt
Wealth taxes
Waterfall calculation
Waterfall Analysis
Waste by disposal route
Warehouse (industrial)
V
Void rate
Vintage Year
Vehicle-level loan to value
Vehicle-level loan to cost
Vehicle Manager
Vehicle Loan to Value (LTV)
Vehicle Formation Date
Vehicle formation costs
Vehicle Documentation
Vehicle administration costs
Vehicle
Value-added (RS Style)
Value-added (INREV Style)
Valuation costs
Valuation
Vacancy (Based on leasable floor space)
Vacancy (Based on estimated rental value)
U
Utilities, repair and maintenance costs (non-rechargeable portion)
Unrealised (capital) gain / loss
Uniform Standards of Professional Appraisal Practice (USPAP)
Unfunded Commitment
Underserved population
T
Trustee Costs
Transition Risk
Transfer agent costs
Transaction offsets
Transaction Obligor
Transaction Document
Total Value to paid in capital multiple (TVPI)
Total returned capital recalled
Total return of capital
Total return net to investor
Total return (net and unlevered)
Total indirect GHG emissions
Total Expense Ratio (TER)
Total direct GHG emissions
Total debt maturities
Total current outstanding capital
Total capital drawn down
Total capital commitments (By all investors)
Total capital commitment drawn
Time-Weighted Return (TWR), property level
Time-Weighted Return (TWR), investment level
Time-Weighted Return (TWR) (Fund Level)
Time-Weighted Return (TWR)
TIF Notes
Theme / Festival Center
Termination Date
Termination Clause
Taxes on property related activities
Tax effect of the adjustments
Target return derived from income
Target percentage of (re)development exposure
Target percentage non-income producing investments
S
Syndicated loan purchaser
Syndicated Loan
Sustainable Investment
Sustainable Development Goals (SDG)
Sustainability scorecard
Sustainability
Surety Bond
Super-Regional Mall
Subscription secured credit facilities
Subscription queuing mechanism
Subscription fee
Subscription Agreement
Subordination Agreement
Subordinated Loan
Subordinated Creditor's Security Agreement
Subordinated Creditor
Style-Fund
Style
Strategy-Account Vehicle
Stepped Rent
Step in Rights
Statement of Position (SOP) (accounting)
Start of Investment Period
Standing investment
Standalone Sustainable Lending Policy
Staff costs
Stabilisation
Sponsor
Spens Clause
Special Purpose Vehicle (SPV)
Social Impact
Single Client Account
Single Account
Side Letter
SFAS
Set-up costs
Separate Accounts
Senior Loan
Senior Living (facility)
Self-Storage (facility)
Segregated Account
Security Agent
Security
Securitized Loan
Securities handling charges
Secondary Trade
Second Mortgage
R
ROI (Return on Investment)
Reversionary yield
Reversionary income
Return of capital
Restrictions on transfer
Residual value to paid-in capital multiple (RVPI)
Residual value
Residual multiple
Residential Mortgage-Backed Securities (RMBS)
Research and Development (industrial)
Required standard
Repositioning
Reporting standards - handbook volume I and II
Replacement Costs
Repayment
Renovation
Renewable energy
Remaining capital commitment
Related parties
Reimbursement Income
Regulatory / Statutory costs
Registered Investment Advisor (RIA)
Regional Mall
Refurbishment
Redevelopment
Redemption Queuing Mechanism
Redemption fees
Redemption Cap
Redemption
Recovery Payment Proceeds
Recourse Debt
Recallable Capital
Realization Multiple
Realised (capital) gain/ loss
Real Estate Expense Ratio (REER)
P
Public/Private Partnership (PPP)
Property-related taxes
Property-level loan to value
Property Protection Loan
Property Manager
Property Management Fee
Property management costs
Property Management Company
Property Loan to Value (LTV)
Property insurance costs
Property disposition fee
Property disposition costs
Property Conversion
Property Company
Property acquisition fee
Property acquisition costs
Property
Project management fee (excl. development activities)
Project management costs
Professional services costs
Private Placement Memorandum (PPM)
Private Placement
Prepayment Penalty
Prepayment Fees
Prepayment
Predevelopment
Power Center
Portfolio Interest Service Coverage Ratio
Pooled Trusts
Planned Liquidation Date
Placement agent costs
Physical Risk
Persons
Permitted Payment
Performance fee
Performance Bond
Performance Attribution
Percentage Rent
Percentage of total capital commitments invested
Pension Real Estate Association (PREA)
Payment in Kind (PIK) interest/ Accrued Interest
Partnership
Participating mortgage
Participated Loan
Partial Period (for TWR purposes)
Parallel Vehicle
Paid in capital to committed capital multiple
Paid in Capital Multiple
Paid in capital
O
Over the Counter (OTC)
Outstanding Principal Balance
Outstanding Portfolio Balance
Outstanding Capital Commitment
Outlet Center
Other/misc. vehicle costs
Other net income
Opportunistic (RS Style)
Opportunistic (INREV Style)
Operational results
Operational Real Estate
Operational control
Operating Model
Open End Vehicle
Office Showroom
Offer price
Obligor
N
Number of new / renewed loans
Number of assets
Non-Recourse Debt
Non-Performing Loan (NPL)
Non-participating mortgage loan
Non-Operating Model
Non-Controlling Equity Interests (Minority Interest)
Non-controlling effects on the INREV NAV adjustments
Nominal value of debt excluding shareholder loans
NOI yield
Net Zero Carbon Building
Net Sale Price
Net return
Net Operating Income (NOI)
Net investment income-Operating Model
Net Initial Yield (NIY)
Net financing cost
Net equivalent yield
Net Debt Yield
Net Asset Value - NAV (RS)
Net Asset Value - NAV (INREV)
Neighborhood Center (retail)
National Council of Real Estate Investment Fiduciaries (NCREIF)
M
Multi manager
Mortgage Company
Modified Dietz
Minimum Capital Requirement (MCR)
Mezzanine Debt
Maximum LTV
Maturity Date
Material Adverse Effect
Master Vehicle
Marketing costs
Market Value
Market Vacancy
Market Approach (valuation technique)
Mark-to-Market
Margin
Manufacturing facility (industrial)
Mandatory disclosure requirements
Make-Whole Provision
Make-Whole Margin
L
Low-rise Apartments
London Interbank Offered Rate (LIBOR)
Lock-up Period
Lock-up
Loan to equity
Loan to Cost (LTC)
Loan Term
Loan Lockout Period
Loan Covenants
Loan Amortization Period
Loan Amortisation
Liquidity Coverage Ratio (LCR)
Limited Partnership (LP)
Limited Partner
Limited Liability Partnership (LLP)
Limited Liability Company
Life Insurance Separate Account
Leverage Percentage
Leverage Limits
Leverage
Letter of credit (LOC)
Legal fees (Not property specific)
Lease Area
K
Key person clause
J
Junior Debt
Joint Venture
Job creation
I
Investment Period
Investment multiple
Investment margin (Spread)
Investment Manager
Investment Management Company
Investment level
Investment Company
Investment Advisor
Investment
Investee
International Valuation Standards Council (IVSC)
International Financial Reporting Standards (IFRS)
Internal valuation
Internal Ratings-Based Approach (IRB)
Internal Rate of Return-starting from inception to end-projected-net
Internal Rate of Return-starting from inception to end-projected-gross
Internal Rate of Return-since inception net
Internal Rate of Return-since inception gross of fees
Internal Rate of Return-realized (Gross) vehicle
Internal Rate of Return-original and projected
Internal Rate of Return-net
Internal Rate of Return-gross
Internal Rate of Return - IRR (RS)
Internal Rate of Return - IRR (INREV)
Internal leasing commissions
Interest reserve account
Interest Rate Swaps
Interest rate hedging ratio
Interest Rate
Interest Period
Interest Payment Date (IPD)
Intercreditor Agreement
Intentionality
Insurance Prepayment Proceeds
INREV Guidelines
INREV
Initial Leasing
Initial Closing
Information Covenants
Industrial Revenue Bonds
Indexed Rent
Income return
Income distribution
Income Approach (valuation technique)
Inception date (Fund)
Inception date
Impact Measurement & Management
Impact investing metrics
Impact Investing
H
HVAC
Hurdle Rate
Holding Company
Hold Period
Historical Interest Cover Ratio (Historical ICR)
Highest and Best Use
High-rise Elevator Apartments
High Quality Liquid Assets (HQLA)
hedging instruments
Hedging Arrangement/Agreement
Hedged %
G
Guarantee
Gross Sales Price
Gross return
Gross property value
Gross property return
Gross operating income
Gross initial yield
Gross equity multiple of vehicle realized
Gross Assets (for fund leverage measures)
Gross asset value of vehicle (Including pro rata share in joint ventures)
Greenhouse gas (GHG) emissions
Greenfield
Governmental Accounting Standards Board (GASB)
Global Investment Performance Standards (GIPS®)
Geometrically linked TWR
Generally Accepted Accounting Principles (GAAP)
General Partner (GP)
Garden-type Apartments
F
Funds of funds
Fund Manager
Fund management fee
Fund /Account(s)
Fund
Fugitive emissions
Free Rent
Foundational Standards
Foreign exchange difference
Floor area
Floating Rate Debt
Flexibility for alternative use
Flex Space (industrial)
Fixed Rate Recourse Debt
Fixed Rate Debt
Fixed and floating charges over assets
First Ranking Mortgage
Financing fee
Financing Company
Financial Inclusion
Financial Covenants
Financial control
Financial Accounting Standards Board (FASB)
Final closing
Feeder Vehicle
Feed-in-Tariffs
Fee waivers
Fee reductions/rebates
Fashion / Specialty Center
Fair Value Option
Fair value of vehicle according to INREV guidelines
Fair value of investment portfolio
Fair Value Net Asset Value (FV NAV)
Fair Value Generally Accepted Accounting Principles (FV GAAP)
Fair Value Accounting Policy Manual
Fair value (IFRS definition)
Fair Value (GIPS, Appraisal Institute)
Fair Value
Facility Agent
E
External leasing commissions
Expansion
Exit LTV
Exempt fees and costs
Excluded Recovery Proceeds
Event of Default (EOD)
Euro Interbank Offered Rate (EURIBOR)
Estimated Rental Value (ERV)
Equity-share
Equity multiple-net, projected
Equity multiple- gross, projected
Equity multiple (Net)
Equity multiple (Gross)
Environment, Social and Governance (ESG)
End of maximum extendable vehicle term
End of Investment Period
Emerging Issues Task Force (EITF)
Effective Share
Economic Share
Economic Development
D
Duty of Care Agreement
Dividend Payment
Diversity, Equity and Inclusion (DEI)
District heating and cooling
Distributions to paid-in capital (DPI) multiple
Distributions
Distribution-dividend yield
Distribution fee
Disposition
Disposals Account
Discretion
Discount margin
Development Margin
Development fee
Development Facility
Development
Deposit Account
Deferred taxes
Default Covenant
Debt Yield
Debt Vehicle
Debt Service Coverage Ratio - DSCR (RS)
Debt Service Coverage Ratio - DSCR (INREV)
Debt Interest
Debt Fund
Debt arrangement fee
Debt arrangement costs
Debenture
Dead deal costs
C
Custodian costs
Current development exposure as percentage of Gross Asset Value (GAV)
Currency exposure
Cure Rights
Cumulative TWR returns
Cross Collateralization
Credit Rating
Credit enhancements
Credit Default Swap (CDS)
Credit Committee
Costs of Sale
Cost of development portfolio
Cost Approach (valuation technique)
Corporate Governance
Core (RS Style)
Core (INREV Style)
Controlling Equity Interest
Contractual Principal
Contractual Interest
Contingent Rent
Contingent liabilities
Contingent Interest
Construction Loan
Constitutional Documents
Conditions Subsequent
Conditions Precedent
Composite
Compensation Prepayment Proceeds
Community Development
Community Center (retail)
Common parts
Commitment period
Commitment fees
Commitment
Commingled Fund
Commercial mortgage-backed securities (CMBS)
Club Deal
Closed End Vehicle
Climate Risk
Claw back
CFA Institute
Catch-up
Cash Sweep
Cash management fee third party
Carve-outs (lending)
Carried interest
Carbon trading
Carbon Disclosure Project
Caps (Interest)
Capital Structure
Capital expenditures (CAPEX)
Capital expenditure (Capex) Facility
Capital distribution
Capital contribution
Capital commitment
Capital call notice
Capital call
B
Bullet Repayment
Building water intensity
Building types
Building GHG intensity
Building energy intensity
Brownfield
Bridge Loan
Break Costs
Boundaries
Borrower sustainability scorecard
Borrower sustainability credentials
Borrower
Benchmark
Base Rent Income
Base Interest
Bank Charges
Bank / loan / overdraft / debt interest
A
Authorised Management Company
Audit costs
Attachment Point LTV
Assignment / Transfer clauses
Assets under Management (AUM)
Asset-weighted composites
Asset-backed securities (ABS)
Asset weighting methodology
Asset weighted
Asset Originator
Asset Manager
Asset management fee
Asset Management Company
Asset Liability Matching (ALM)
Appreciation
ANREV
Amortization Period
Alternative Investment Fund Manager (AIFM)
Alternative Investment Fund (AIF)
Allocated Loan Amount
All-in Interest Rate
Affordable Housing
Additionality
Additional Contingent Interest
ADC Arrangements
Acquisition
Accounting Standards Update (ASU)
Absolute energy
Q2 2025
Total returned capital recalled
Total return of capital
Return of capital
Remaining capital commitment
Currency exposure
Net Debt Yield
Q4 2024
Effective Share
Gross operating income
Current development exposure as percentage of Gross Asset Value (GAV)
Property Loan to Value (LTV)
Vehicle Loan to Value (LTV)
Gross property value
Commitment
Unrealised (capital) gain / loss
Realised (capital) gain/ loss
Q4 2023
Vintage Year
Redemption Queuing Mechanism
Subscription queuing mechanism
Q3 2023
Recallable Capital
Unfunded Commitment
Outstanding Capital Commitment
Redemption Cap
Q2 2023
Private Placement Memorandum (PPM)
Lock-up Period
Lock-up
Income distribution
Capital distribution
Operational Real Estate
Common parts
Floor area
Mandatory disclosure requirements
HVAC
Building types
Persons
Building energy intensity
Absolute energy
District heating and cooling
Renewable energy
Greenhouse gas (GHG) emissions
Carbon Disclosure Project
Boundaries
Financial control
Operational control
Equity-share
Building GHG intensity
Total indirect GHG emissions
Fugitive emissions
Building water intensity
Waste by disposal route
Feed-in-Tariffs
Carbon trading
Social Impact
Affordable Housing
Intentionality
Additionality
Impact Investing
Impact investing metrics
Sustainable Development Goals (SDG)
Impact Measurement & Management
Community Development
Job creation
Economic Development
Financial Inclusion
Underserved population
Climate Risk
Physical Risk
Transition Risk
Q1 2023
Assets under Management (AUM)
Side Letter
Capital contribution
Capital commitment
Capital call notice
Capital call
Q4 2022
Hurdle Rate
Catch-up
Q2 2022
Capital Structure
London Interbank Offered Rate (LIBOR)
Hold Period
Key person clause
Residential Mortgage-Backed Securities (RMBS)
Prepayment
Q4 2021
Constitutional Documents
Corporate Governance
Sustainable Investment
Diversity, Equity and Inclusion (DEI)
Environment, Social and Governance (ESG)
Net Zero Carbon Building
Sustainability
Q2 2021
Strategy-Account Vehicle
Commitment period
Funds of funds
Multi manager
Master Vehicle
Parallel Vehicle
Feeder Vehicle
Q1 2021
Holding Company
Brownfield
Greenfield
Indexed Rent
Contingent Rent
Stabilisation
Repositioning
Financial Accounting Standards Board (FASB)
Fair Value Generally Accepted Accounting Principles (FV GAAP)
Generally Accepted Accounting Principles (GAAP)
Governmental Accounting Standards Board (GASB)
Stepped Rent
Standing investment
Renovation
Redevelopment
Predevelopment
Development
Q1 2020
Repayment
Non-Performing Loan (NPL)
Transaction Obligor
Syndicated Loan
Step in Rights
Outstanding Principal Balance
Outstanding Portfolio Balance
Transaction Document
Subordinated Loan
Subordinated Creditor's Security Agreement
Subordinated Creditor
Subordination Agreement
Standalone Sustainable Lending Policy
Senior Loan
Sponsor
Spens Clause
Security
Security Agent
Securitized Loan
Q4 2019
Asset Management Company
Q3 2019
Second Mortgage
Recovery Payment Proceeds
Public/Private Partnership (PPP)
Property Protection Loan
Private Placement
Prepayment Fees
Payment in Kind (PIK) interest/ Accrued Interest
Permitted Payment
Participated Loan
Conditions Precedent
Compensation Prepayment Proceeds
Obligor
Margin
Make-Whole Provision
Make-Whole Margin
Sustainability scorecard
Junior Debt
Capital expenditure (Capex) Facility
Interest reserve account
Interest Rate
Interest Period
Interest Payment Date (IPD)
Information Covenants
Historical Interest Cover Ratio (Historical ICR)
Flexibility for alternative use
Fixed and floating charges over assets
First Ranking Mortgage
Facility Agent
Disposals Account
Discount margin
Development Facility
Deposit Account
Debt Yield
Debt Fund
Debt Vehicle
Debenture
Cure Rights
Conditions Subsequent
Commercial mortgage-backed securities (CMBS)
Cash Sweep
Bullet Repayment
Break Costs
Borrower sustainability credentials
Borrower sustainability scorecard
Attachment Point LTV
Assignment / Transfer clauses
Asset-backed securities (ABS)
Syndicated loan purchaser
Asset Originator
Asset Liability Matching (ALM)
Loan Amortisation
Allocated Loan Amount
All-in Interest Rate
Event of Default (EOD)
Borrower
Over the Counter (OTC)
Minimum Capital Requirement (MCR)
Mezzanine Debt
Material Adverse Effect
Mark-to-Market
Investment margin (Spread)
Internal Ratings-Based Approach (IRB)
Intercreditor Agreement
Insurance Prepayment Proceeds
High Quality Liquid Assets (HQLA)
Liquidity Coverage Ratio (LCR)
Hedging Arrangement/Agreement
Fixed Rate Recourse Debt
Financial Covenants
Exit LTV
Excluded Recovery Proceeds
Euro Interbank Offered Rate (EURIBOR)
Duty of Care Agreement
Development Margin
Default Covenant
Credit Rating
Credit Default Swap (CDS)
Credit Committee
Set-up costs
Q2 2019
Wealth taxes
Related parties
Trustee Costs
Segregated Account
Disposition
Expansion
Financing fee
Q2 2018
Transaction offsets
Distribution fee
Claw back
Q1 2018
Subscription fee
Staff costs
Securities handling charges
Redemption fees
Property-related taxes
Placement agent costs
Fee waivers
Fee reductions/rebates
Development fee
Deferred taxes
Debt arrangement fee
Debt arrangement costs
Commitment fees
Capital expenditures (CAPEX)
Q2 2017
Core (INREV Style)
Property Management Company
Limited Liability Company
Investment Company
Authorised Management Company
Registered Investment Advisor (RIA)
Special Purpose Vehicle (SPV)
Property Company
Alternative Investment Fund (AIF)
Alternative Investment Fund Manager (AIFM)
Investment Management Company
Mortgage Company
Financing Company
General Partner (GP)
Limited Partner
Partnership
Limited Liability Partnership (LLP)
Limited Partnership (LP)
Loan Term
Loan Amortization Period
Loan Lockout Period
Base Rent Income
Reimbursement Income
Lease Area
High-rise Elevator Apartments
Low-rise Apartments
Garden-type Apartments
Flex Space (industrial)
Research and Development (industrial)
Warehouse (industrial)
Manufacturing facility (industrial)
Office Showroom
Neighborhood Center (retail)
Community Center (retail)
Regional Mall
Super-Regional Mall
Fashion / Specialty Center
Power Center
Theme / Festival Center
Outlet Center
Self-Storage (facility)
Senior Living (facility)
Gross Sales Price
Net Sale Price
Market Vacancy
Amortization Period
Q1 2017
Inception date
Q4 2016
Vehicle Documentation
Acquisition
Refurbishment
Property Conversion
Q3 2016
Initial Closing
Dividend Payment
Distributions
Redemption
Vehicle Formation Date
Subscription Agreement
Termination Date
Wind-up fee
Vehicle administration costs
Vehicle formation costs
Vehicle Manager
Valuation costs
Vehicle
Uniform Standards of Professional Appraisal Practice (USPAP)
Utilities, repair and maintenance costs (non-rechargeable portion)
Taxes on property related activities
Termination Clause
Transfer agent costs
Investment Advisor
Style
Accounting Standards Update (ASU)
Single Account
Single Client Account
Start of Investment Period
Secondary Trade
Total direct GHG emissions
Reporting standards - handbook volume I and II
Regulatory / Statutory costs
Property management costs
Property Management Fee
Property Manager
Property disposition fee
Property insurance costs
Discretion
Property acquisition fee
Property
Property acquisition costs
Project management costs
Project management fee (excl. development activities)
Pooled Trusts
Professional services costs
Performance fee
Planned Liquidation Date
Other/misc. vehicle costs
Pension Real Estate Association (PREA)
Marketing costs
National Council of Real Estate Investment Fiduciaries (NCREIF)
Open End Vehicle
Legal fees (Not property specific)
Life Insurance Separate Account
Investment Manager
Investment Period
Joint Venture
Investee
Investment
INREV
INREV Guidelines
Internal leasing commissions
International Financial Reporting Standards (IFRS)
International Valuation Standards Council (IVSC)
Fund Manager
Global Investment Performance Standards (GIPS®)
Fund
Fund management fee
External leasing commissions
Final closing
Emerging Issues Task Force (EITF)
End of Investment Period
Property disposition costs
Custodian costs
Dead deal costs
Composite
Closed End Vehicle
Club Deal
Carried interest
Cash management fee third party
Bank / loan / overdraft / debt interest
Bank Charges
Asset management fee
Asset Manager
Audit costs
ANREV
CFA Institute
Valuation
Reversionary income
Reversionary yield
Market Approach (valuation technique)
Market Value
Replacement Costs
Income Approach (valuation technique)
Internal valuation
Appreciation
Cost Approach (valuation technique)
Highest and Best Use
Vacancy (Based on estimated rental value)
Vacancy (Based on leasable floor space)
Operational results
Percentage Rent
Offer price
Initial Leasing
Estimated Rental Value (ERV)
Cost of development portfolio
Weighted Average Remaining term of Fixed Rate Fund T1 leverage
Weighted Average Remaining term of Floating Rate Fund T1 leverage
Weighted average cost of debt excluding shareholder loans
Weighted Average interest rate of Fund T1 leverage
Weighted average maturity of debt excluding shareholder loans (Years)
Vehicle-level loan to value
Weighted average cost of debt
TIF Notes
Total debt maturities
Vehicle-level loan to cost
Subscription secured credit facilities
Surety Bond
Recourse Debt
Restrictions on transfer
Performance Bond
Prepayment Penalty
Property-level loan to value
Number of new / renewed loans
Participating mortgage
Nominal value of debt excluding shareholder loans
Non-participating mortgage loan
Non-Recourse Debt
Maturity Date
Maximum LTV
Loan to Cost (LTC)
Loan to equity
Leverage Percentage
Loan Covenants
Letter of credit (LOC)
Leverage
Leverage Limits
Portfolio Interest Service Coverage Ratio
Industrial Revenue Bonds
Interest rate hedging ratio
Interest Rate Swaps
Hedged %
hedging instruments
Fixed Rate Debt
Floating Rate Debt
Guarantee
Debt Service Coverage Ratio - DSCR (INREV)
Debt Service Coverage Ratio - DSCR (RS)
Credit enhancements
Cross Collateralization
Debt Interest
Contractual Interest
Contractual Principal
Construction Loan
Contingent Interest
Contingent liabilities
Bridge Loan
Caps (Interest)
Carve-outs (lending)
Base Interest
ADC Arrangements
Additional Contingent Interest
Statement of Position (SOP) (accounting)
Non-Controlling Equity Interests (Minority Interest)
Other net income
Net investment income-Operating Model
Net Operating Income (NOI)
Free Rent
Fair Value Option
Foreign exchange difference
Fair Value Net Asset Value (FV NAV)
Fair value of investment portfolio
Fair value of vehicle according to INREV guidelines
Fair value (IFRS definition)
Costs of Sale
Fair Value
Fair Value (GIPS, Appraisal Institute)
Controlling Equity Interest
Time-Weighted Return (TWR), property level
Total return (net and unlevered)
Total return net to investor
Time-Weighted Return (TWR) (Fund Level)
Time-Weighted Return (TWR), investment level
Residual value to paid-in capital multiple (RVPI)
ROI (Return on Investment)
Time-Weighted Return (TWR)
Residual multiple
Residual value
Partial Period (for TWR purposes)
Performance Attribution
Realization Multiple
NOI yield
Paid in capital
Net financing cost
Net Initial Yield (NIY)
Net return
Modified Dietz
Net equivalent yield
Internal Rate of Return-starting from inception to end-projected-gross
Internal Rate of Return-starting from inception to end-projected-net
Investment multiple
Internal Rate of Return-since inception gross of fees
Internal Rate of Return-since inception net
Internal Rate of Return-net
Internal Rate of Return-original and projected
Internal Rate of Return-realized (Gross) vehicle
Internal Rate of Return - IRR (RS)
Internal Rate of Return-gross
Income return
Internal Rate of Return - IRR (INREV)
Gross return
Gross equity multiple of vehicle realized
Gross initial yield
Gross property return
Equity multiple- gross, projected
Equity multiple-net, projected
Geometrically linked TWR
Equity multiple (Gross)
Equity multiple (Net)
Distribution-dividend yield
Distributions to paid-in capital (DPI) multiple
Benchmark
Cumulative TWR returns
Total Expense Ratio (TER)
Real Estate Expense Ratio (REER)
Exempt fees and costs
Waterfall calculation
Weighted average lease expiry
Void rate
Waterfall Analysis
Value-added (INREV Style)
Value-added (RS Style)
Total Value to paid in capital multiple (TVPI)
Total capital drawn down
Total current outstanding capital
Total capital commitment drawn
Total capital commitments (By all investors)
Target return derived from income
Tax effect of the adjustments
Target percentage non-income producing investments
Target percentage of (re)development exposure
Paid in capital to committed capital multiple
Percentage of total capital commitments invested
Number of assets
Paid in Capital Multiple
Net Asset Value - NAV (RS)
Non-controlling effects on the INREV NAV adjustments
Net Asset Value - NAV (INREV)
Inception date (Fund)
Gross asset value of vehicle (Including pro rata share in joint ventures)
Gross Assets (for fund leverage measures)
End of maximum extendable vehicle term
Economic Share
Commingled Fund
Asset-weighted composites
Asset weighted
Asset weighting methodology
Style-Fund
SFAS
Separate Accounts
Required standard
Opportunistic (INREV Style)
Operating Model
Opportunistic (RS Style)
Non-Operating Model
Investment level
Fund /Account(s)
Foundational Standards
Fair Value Accounting Policy Manual
Core (RS Style)
Q3 2016
Core (RS Style)
Fair Value Accounting Policy Manual
Foundational Standards
Fund /Account(s)
Investment level
Non-Operating Model
Opportunistic (RS Style)
Operating Model
Opportunistic (INREV Style)
Required standard
Separate Accounts
SFAS
Style-Fund
Asset weighting methodology
Asset weighted
Asset-weighted composites
Commingled Fund
Economic Share
End of maximum extendable vehicle term
Gross Assets (for fund leverage measures)
Gross asset value of vehicle (Including pro rata share in joint ventures)
Inception date (Fund)
Net Asset Value - NAV (INREV)
Non-controlling effects on the INREV NAV adjustments
Net Asset Value - NAV (RS)
Paid in Capital Multiple
Number of assets
Percentage of total capital commitments invested
Paid in capital to committed capital multiple
Target percentage of (re)development exposure
Target percentage non-income producing investments
Tax effect of the adjustments
Target return derived from income
Total capital commitments (By all investors)
Total capital commitment drawn
Total current outstanding capital
Total capital drawn down
Total Value to paid in capital multiple (TVPI)
Value-added (RS Style)
Value-added (INREV Style)
Waterfall Analysis
Void rate
Weighted average lease expiry
Waterfall calculation
Exempt fees and costs
Real Estate Expense Ratio (REER)
Total Expense Ratio (TER)
Cumulative TWR returns
Benchmark
Distributions to paid-in capital (DPI) multiple
Distribution-dividend yield
Equity multiple (Net)
Equity multiple (Gross)
Geometrically linked TWR
Equity multiple-net, projected
Equity multiple- gross, projected
Gross property return
Gross initial yield
Gross equity multiple of vehicle realized
Gross return
Internal Rate of Return - IRR (INREV)
Income return
Internal Rate of Return-gross
Internal Rate of Return - IRR (RS)
Internal Rate of Return-realized (Gross) vehicle
Internal Rate of Return-original and projected
Internal Rate of Return-net
Internal Rate of Return-since inception net
Internal Rate of Return-since inception gross of fees
Investment multiple
Internal Rate of Return-starting from inception to end-projected-net
Internal Rate of Return-starting from inception to end-projected-gross
Net equivalent yield
Modified Dietz
Net return
Net Initial Yield (NIY)
Net financing cost
Paid in capital
NOI yield
Realization Multiple
Performance Attribution
Partial Period (for TWR purposes)
Residual value
Residual multiple
Time-Weighted Return (TWR)
ROI (Return on Investment)
Residual value to paid-in capital multiple (RVPI)
Time-Weighted Return (TWR), investment level
Time-Weighted Return (TWR) (Fund Level)
Total return net to investor
Total return (net and unlevered)
Time-Weighted Return (TWR), property level
Controlling Equity Interest
Fair Value (GIPS, Appraisal Institute)
Fair Value
Costs of Sale
Fair value (IFRS definition)
Fair value of vehicle according to INREV guidelines
Fair value of investment portfolio
Fair Value Net Asset Value (FV NAV)
Foreign exchange difference
Fair Value Option
Free Rent
Net Operating Income (NOI)
Net investment income-Operating Model
Other net income
Non-Controlling Equity Interests (Minority Interest)
Statement of Position (SOP) (accounting)
Additional Contingent Interest
ADC Arrangements
Base Interest
Carve-outs (lending)
Caps (Interest)
Bridge Loan
Contingent liabilities
Contingent Interest
Construction Loan
Contractual Principal
Contractual Interest
Debt Interest
Cross Collateralization
Credit enhancements
Debt Service Coverage Ratio - DSCR (RS)
Debt Service Coverage Ratio - DSCR (INREV)
Guarantee
Floating Rate Debt
Fixed Rate Debt
hedging instruments
Hedged %
Interest Rate Swaps
Interest rate hedging ratio
Industrial Revenue Bonds
Portfolio Interest Service Coverage Ratio
Leverage Limits
Leverage
Letter of credit (LOC)
Loan Covenants
Leverage Percentage
Loan to equity
Loan to Cost (LTC)
Maximum LTV
Maturity Date
Non-Recourse Debt
Non-participating mortgage loan
Nominal value of debt excluding shareholder loans
Participating mortgage
Number of new / renewed loans
Property-level loan to value
Prepayment Penalty
Performance Bond
Restrictions on transfer
Recourse Debt
Surety Bond
Subscription secured credit facilities
Vehicle-level loan to cost
Total debt maturities
TIF Notes
Weighted average cost of debt
Vehicle-level loan to value
Weighted average maturity of debt excluding shareholder loans (Years)
Weighted Average interest rate of Fund T1 leverage
Weighted average cost of debt excluding shareholder loans
Weighted Average Remaining term of Floating Rate Fund T1 leverage
Weighted Average Remaining term of Fixed Rate Fund T1 leverage
Cost of development portfolio
Estimated Rental Value (ERV)
Initial Leasing
Offer price
Percentage Rent
Operational results
Vacancy (Based on leasable floor space)
Vacancy (Based on estimated rental value)
Highest and Best Use
Cost Approach (valuation technique)
Appreciation
Internal valuation
Income Approach (valuation technique)
Replacement Costs
Market Value
Market Approach (valuation technique)
Reversionary yield
Reversionary income
Valuation
CFA Institute
ANREV
Audit costs
Asset Manager
Asset management fee
Bank Charges
Bank / loan / overdraft / debt interest
Cash management fee third party
Carried interest
Club Deal
Closed End Vehicle
Composite
Dead deal costs
Custodian costs
Property disposition costs
End of Investment Period
Emerging Issues Task Force (EITF)
Final closing
External leasing commissions
Fund management fee
Fund
Global Investment Performance Standards (GIPS®)
Fund Manager
International Valuation Standards Council (IVSC)
International Financial Reporting Standards (IFRS)
Internal leasing commissions
INREV Guidelines
INREV
Investment
Investee
Joint Venture
Investment Period
Investment Manager
Life Insurance Separate Account
Legal fees (Not property specific)
Open End Vehicle
National Council of Real Estate Investment Fiduciaries (NCREIF)
Marketing costs
Pension Real Estate Association (PREA)
Other/misc. vehicle costs
Planned Liquidation Date
Performance fee
Professional services costs
Pooled Trusts
Project management fee (excl. development activities)
Project management costs
Property acquisition costs
Property
Property acquisition fee
Discretion
Property insurance costs
Property disposition fee
Property Manager
Property Management Fee
Property management costs
Regulatory / Statutory costs
Reporting standards - handbook volume I and II
Total direct GHG emissions
Secondary Trade
Start of Investment Period
Single Client Account
Single Account
Accounting Standards Update (ASU)
Style
Investment Advisor
Transfer agent costs
Termination Clause
Taxes on property related activities
Utilities, repair and maintenance costs (non-rechargeable portion)
Uniform Standards of Professional Appraisal Practice (USPAP)
Vehicle
Valuation costs
Vehicle Manager
Vehicle formation costs
Vehicle administration costs
Wind-up fee
Termination Date
Subscription Agreement
Vehicle Formation Date
Redemption
Distributions
Dividend Payment
Initial Closing
Q4 2016
Property Conversion
Refurbishment
Acquisition
Vehicle Documentation
Q1 2017
Inception date
Q2 2017
Amortization Period
Market Vacancy
Net Sale Price
Gross Sales Price
Senior Living (facility)
Self-Storage (facility)
Outlet Center
Theme / Festival Center
Power Center
Fashion / Specialty Center
Super-Regional Mall
Regional Mall
Community Center (retail)
Neighborhood Center (retail)
Office Showroom
Manufacturing facility (industrial)
Warehouse (industrial)
Research and Development (industrial)
Flex Space (industrial)
Garden-type Apartments
Low-rise Apartments
High-rise Elevator Apartments
Lease Area
Reimbursement Income
Base Rent Income
Loan Lockout Period
Loan Amortization Period
Loan Term
Limited Partnership (LP)
Limited Liability Partnership (LLP)
Partnership
Limited Partner
General Partner (GP)
Financing Company
Mortgage Company
Investment Management Company
Alternative Investment Fund Manager (AIFM)
Alternative Investment Fund (AIF)
Property Company
Special Purpose Vehicle (SPV)
Registered Investment Advisor (RIA)
Authorised Management Company
Investment Company
Limited Liability Company
Property Management Company
Core (INREV Style)
Q1 2018
Capital expenditures (CAPEX)
Commitment fees
Debt arrangement costs
Debt arrangement fee
Deferred taxes
Development fee
Fee reductions/rebates
Fee waivers
Placement agent costs
Property-related taxes
Redemption fees
Securities handling charges
Staff costs
Subscription fee
Q2 2018
Claw back
Distribution fee
Transaction offsets
Q2 2019
Financing fee
Expansion
Disposition
Segregated Account
Trustee Costs
Related parties
Wealth taxes
Q3 2019
Set-up costs
Credit Committee
Credit Default Swap (CDS)
Credit Rating
Default Covenant
Development Margin
Duty of Care Agreement
Euro Interbank Offered Rate (EURIBOR)
Excluded Recovery Proceeds
Exit LTV
Financial Covenants
Fixed Rate Recourse Debt
Hedging Arrangement/Agreement
Liquidity Coverage Ratio (LCR)
High Quality Liquid Assets (HQLA)
Insurance Prepayment Proceeds
Intercreditor Agreement
Internal Ratings-Based Approach (IRB)
Investment margin (Spread)
Mark-to-Market
Material Adverse Effect
Mezzanine Debt
Minimum Capital Requirement (MCR)
Over the Counter (OTC)
Borrower
Event of Default (EOD)
All-in Interest Rate
Allocated Loan Amount
Loan Amortisation
Asset Liability Matching (ALM)
Asset Originator
Syndicated loan purchaser
Asset-backed securities (ABS)
Assignment / Transfer clauses
Attachment Point LTV
Borrower sustainability scorecard
Borrower sustainability credentials
Break Costs
Bullet Repayment
Cash Sweep
Commercial mortgage-backed securities (CMBS)
Conditions Subsequent
Cure Rights
Debenture
Debt Vehicle
Debt Fund
Debt Yield
Deposit Account
Development Facility
Discount margin
Disposals Account
Facility Agent
First Ranking Mortgage
Fixed and floating charges over assets
Flexibility for alternative use
Historical Interest Cover Ratio (Historical ICR)
Information Covenants
Interest Payment Date (IPD)
Interest Period
Interest Rate
Interest reserve account
Capital expenditure (Capex) Facility
Junior Debt
Sustainability scorecard
Make-Whole Margin
Make-Whole Provision
Margin
Obligor
Compensation Prepayment Proceeds
Conditions Precedent
Participated Loan
Permitted Payment
Payment in Kind (PIK) interest/ Accrued Interest
Prepayment Fees
Private Placement
Property Protection Loan
Public/Private Partnership (PPP)
Recovery Payment Proceeds
Second Mortgage
Q4 2019
Asset Management Company
Q1 2020
Securitized Loan
Security Agent
Security
Spens Clause
Sponsor
Senior Loan
Standalone Sustainable Lending Policy
Subordination Agreement
Subordinated Creditor
Subordinated Creditor's Security Agreement
Subordinated Loan
Transaction Document
Outstanding Portfolio Balance
Outstanding Principal Balance
Step in Rights
Syndicated Loan
Transaction Obligor
Non-Performing Loan (NPL)
Repayment
Q1 2021
Development
Predevelopment
Redevelopment
Renovation
Standing investment
Stepped Rent
Governmental Accounting Standards Board (GASB)
Generally Accepted Accounting Principles (GAAP)
Fair Value Generally Accepted Accounting Principles (FV GAAP)
Financial Accounting Standards Board (FASB)
Repositioning
Stabilisation
Contingent Rent
Indexed Rent
Greenfield
Brownfield
Holding Company
Q2 2021
Feeder Vehicle
Parallel Vehicle
Master Vehicle
Multi manager
Funds of funds
Commitment period
Strategy-Account Vehicle
Q4 2021
Sustainability
Net Zero Carbon Building
Environment, Social and Governance (ESG)
Diversity, Equity and Inclusion (DEI)
Sustainable Investment
Corporate Governance
Constitutional Documents
Q2 2022
Prepayment
Residential Mortgage-Backed Securities (RMBS)
Key person clause
Hold Period
London Interbank Offered Rate (LIBOR)
Capital Structure
Q4 2022
Catch-up
Hurdle Rate
Q1 2023
Capital call
Capital call notice
Capital commitment
Capital contribution
Side Letter
Assets under Management (AUM)
Q2 2023
Transition Risk
Physical Risk
Climate Risk
Underserved population
Financial Inclusion
Economic Development
Job creation
Community Development
Impact Measurement & Management
Sustainable Development Goals (SDG)
Impact investing metrics
Impact Investing
Additionality
Intentionality
Affordable Housing
Social Impact
Carbon trading
Feed-in-Tariffs
Waste by disposal route
Building water intensity
Fugitive emissions
Total indirect GHG emissions
Building GHG intensity
Equity-share
Operational control
Financial control
Boundaries
Carbon Disclosure Project
Greenhouse gas (GHG) emissions
Renewable energy
District heating and cooling
Absolute energy
Building energy intensity
Persons
Building types
HVAC
Mandatory disclosure requirements
Floor area
Common parts
Operational Real Estate
Capital distribution
Income distribution
Lock-up
Lock-up Period
Private Placement Memorandum (PPM)
Q3 2023
Redemption Cap
Outstanding Capital Commitment
Unfunded Commitment
Recallable Capital
Q4 2023
Subscription queuing mechanism
Redemption Queuing Mechanism
Vintage Year
Q4 2024
Realised (capital) gain/ loss
Unrealised (capital) gain / loss
Commitment
Gross property value
Vehicle Loan to Value (LTV)
Property Loan to Value (LTV)
Current development exposure as percentage of Gross Asset Value (GAV)
Gross operating income
Effective Share
Q2 2025
Net Debt Yield
Currency exposure
Remaining capital commitment
Return of capital
Total return of capital
Total returned capital recalled
> 3000
Net Initial Yield (NIY)
Net equivalent yield
Attachment Point LTV
Reversionary yield
Estimated Rental Value (ERV)
Gross initial yield
Net financing cost
Gross asset value of vehicle (Including pro rata share in joint ventures)
Fee reductions/rebates
Asset management fee
Performance fee
Property disposition fee
Total Expense Ratio (TER)
Interest Payment Date (IPD)
Internal Rate of Return - IRR (INREV)
Net Asset Value - NAV (INREV)
Real Estate Expense Ratio (REER)
Distribution-dividend yield
Income return
Equity multiple (Net)
ADC Arrangements
Property acquisition fee
Target percentage non-income producing investments
Property disposition costs
Equity multiple (Gross)
Internal Rate of Return-since inception net
National Council of Real Estate Investment Fiduciaries (NCREIF)
Total capital commitment drawn
Property acquisition costs
Dead deal costs
ANREV
Property Management Fee
Total return net to investor
Assets under Management (AUM)
Capital expenditure (Capex) Facility
INREV
Investment Manager
Gross return
Fair Value Net Asset Value (FV NAV)
Asset Manager
Vehicle
Carried interest
Net Operating Income (NOI)
Total current outstanding capital
Total return (net and unlevered)
Maximum LTV
Fund
Closed End Vehicle
Fair value (IFRS definition)
International Valuation Standards Council (IVSC)
Reporting standards - handbook volume I and II
Internal Rate of Return-since inception gross of fees
Allocated Loan Amount
Style
Accounting Standards Update (ASU)
Club Deal
Investment Advisor
Internal leasing commissions
Project management fee (excl. development activities)
Loan Covenants
Pension Real Estate Association (PREA)
Waterfall calculation
Weighted average cost of debt
Internal Rate of Return-realized (Gross) vehicle
Target return derived from income
Net return
Uniform Standards of Professional Appraisal Practice (USPAP)
Fund Manager
Internal Rate of Return-starting from inception to end-projected-gross
Target percentage of (re)development exposure
Void rate
Fair value of investment portfolio
Internal Rate of Return-gross
Nominal value of debt excluding shareholder loans
Life Insurance Separate Account
Vacancy (Based on leasable floor space)
Custodian costs
Joint Venture
International Financial Reporting Standards (IFRS)
Equity multiple- gross, projected
Internal Rate of Return-net
Weighted average maturity of debt excluding shareholder loans (Years)
Property Manager
Internal Rate of Return-starting from inception to end-projected-net
Vehicle Manager
Gross property return
Vacancy (Based on estimated rental value)
Emerging Issues Task Force (EITF)
INREV Guidelines
Single Account
All-in Interest Rate
Final closing
Fair value of vehicle according to INREV guidelines
Global Investment Performance Standards (GIPS®)
External leasing commissions
Leverage Limits
Distributions
Core (INREV Style)
Property-level loan to value
Open End Vehicle
Utilities, repair and maintenance costs (non-rechargeable portion)
Composite
Non-controlling effects on the INREV NAV adjustments
Total capital commitments (By all investors)
CFA Institute
Weighted average cost of debt excluding shareholder loans
Acquisition
Bank Charges
Vehicle Documentation
Professional services costs
Pooled Trusts
Vehicle formation costs
Property management costs
Equity multiple-net, projected
Gross equity multiple of vehicle realized
Termination Date
NOI yield
Vehicle-level loan to value
Stepped Rent
Project management costs
Net Zero Carbon Building
Investment
Debt arrangement fee
Vehicle administration costs
Secondary Trade
Percentage of total capital commitments invested
Other/misc. vehicle costs
Number of new / renewed loans
Core (RS Style)
Net investment income-Operating Model
Taxes on property related activities
Property insurance costs
Offer price
Initial Closing
Cost of development portfolio
Sustainable Investment
Tax effect of the adjustments
Debt Service Coverage Ratio - DSCR (INREV)
Investment Period
Transfer agent costs
Valuation costs
Weighted average lease expiry
Vehicle-level loan to cost
Internal valuation
Termination Clause
Vehicle Formation Date
Time-Weighted Return (TWR)
Fund management fee
Event of Default (EOD)
Bank / loan / overdraft / debt interest
Value-added (INREV Style)
Partial Period (for TWR purposes)
Opportunistic (INREV Style)
Debt Service Coverage Ratio - DSCR (RS)
Non-Operating Model
Distributions to paid-in capital (DPI) multiple
Cash management fee third party
Exempt fees and costs
Total Value to paid in capital multiple (TVPI)
Borrower sustainability scorecard
Feeder Vehicle
Asset weighted
Standing investment
Cost Approach (valuation technique)
Borrower sustainability credentials
Property Conversion
Refurbishment
Non-participating mortgage loan
Euro Interbank Offered Rate (EURIBOR)
Style-Fund
Internal Rate of Return - IRR (RS)
Value-added (RS Style)
Amortization Period
Redemption
Gross Assets (for fund leverage measures)
Appreciation
Investment multiple
Benchmark
Super-Regional Mall
Fair Value Accounting Policy Manual
Capital expenditures (CAPEX)
Market Approach (valuation technique)
Make-Whole Margin
Leverage
Net Asset Value - NAV (RS)
Internal Rate of Return-original and projected
Reversionary income
Asset weighting methodology
Audit costs
Claw back
Operating Model
Market Value
Property
Legal fees (Not property specific)
Caps (Interest)
Opportunistic (RS Style)
Paid in capital to committed capital multiple
Asset-weighted composites
Asset Originator
Modified Dietz
Other net income
Subordinated Creditor
Cumulative TWR returns
Commingled Fund
Property Protection Loan
Time-Weighted Return (TWR), property level
Senior Living (facility)
Base Rent Income
Subscription secured credit facilities
Additional Contingent Interest
Geometrically linked TWR
Initial Leasing
Residual value to paid-in capital multiple (RVPI)
Time-Weighted Return (TWR) (Fund Level)
Exit LTV
Economic Share
Start of Investment Period
Portfolio Interest Service Coverage Ratio
Number of assets
Carve-outs (lending)
End of maximum extendable vehicle term
Fair Value Option
Contingent Interest
Fair Value (GIPS, Appraisal Institute)
Single Client Account
Leverage Percentage
Waterfall Analysis
Loan to equity
Self-Storage (facility)
Base Interest
Construction Loan
Interest rate hedging ratio
Manufacturing facility (industrial)
Income Approach (valuation technique)
Bridge Loan
Fair Value
Wind-up fee
Asset-backed securities (ABS)
Dividend Payment
Floating Rate Debt
Weighted Average interest rate of Fund T1 leverage
Alternative Investment Fund Manager (AIFM)
Operational results
Planned Liquidation Date
Commitment fees
Weighted Average Remaining term of Fixed Rate Fund T1 leverage
Recourse Debt
Costs of Sale
Statement of Position (SOP) (accounting)
Cross Collateralization
Foreign exchange difference
Paid in capital
Inception date
Net Sale Price
Time-Weighted Return (TWR), investment level
Subscription Agreement
Valuation
Loan to Cost (LTC)
Non-Controlling Equity Interests (Minority Interest)
Residual multiple
Loan Lockout Period
Borrower
Regulatory / Statutory costs
Fixed Rate Debt
Commercial mortgage-backed securities (CMBS)
Placement agent costs
Investment level
Total capital drawn down
Hedged %
Controlling Equity Interest
Historical Interest Cover Ratio (Historical ICR)
Realization Multiple
Debt Yield
Industrial Revenue Bonds
Lease Area
Non-Recourse Debt
Contractual Principal
ROI (Return on Investment)
Community Center (retail)
Inception date (Fund)
Credit enhancements
Guarantee
Gross Sales Price
Loan Amortization Period
hedging instruments
Marketing costs
Foundational Standards
Fund /Account(s)
Regional Mall
Transaction offsets
SFAS
Contractual Interest
Free Rent
Fashion / Specialty Center
Highest and Best Use
Paid in Capital Multiple
Interest Rate Swaps
Contingent liabilities
Maturity Date
Office Showroom
Development fee
Total debt maturities
Spens Clause
Participating mortgage
Authorised Management Company
Performance Attribution
Debt Interest
Weighted Average Remaining term of Floating Rate Fund T1 leverage
Market Vacancy
Alternative Investment Fund (AIF)
TIF Notes
Residual value
Surety Bond
Performance Bond
Required standard
Subscription fee
High-rise Elevator Apartments
Outlet Center
Research and Development (industrial)
Junior Debt
Flex Space (industrial)
Asset Management Company
Garden-type Apartments
Letter of credit (LOC)
Deferred taxes
Subordinated Loan
Prepayment Penalty
Debt arrangement costs
Theme / Festival Center
Percentage Rent
Restrictions on transfer
Liquidity Coverage Ratio (LCR)
Redemption fees
Warehouse (industrial)
Neighborhood Center (retail)
Staff costs
Replacement Costs
Fee waivers
Registered Investment Advisor (RIA)
Make-Whole Provision
Special Purpose Vehicle (SPV)
Distribution fee
Power Center
Asset Liability Matching (ALM)
Investee
Reimbursement Income
Limited Liability Partnership (LLP)
Discretion
Low-rise Apartments
Property-related taxes
Transaction Obligor
Minimum Capital Requirement (MCR)
Limited Partner
General Partner (GP)
Separate Accounts
Bullet Repayment
Security
Financing Company
Financing fee
Limited Partnership (LP)
Total direct GHG emissions
Senior Loan
Limited Liability Company
Investment Management Company
Property Management Company
Subordination Agreement
Outstanding Capital Commitment
Security Agent
Investment Company
Partnership
Securities handling charges
Disposition
Parallel Vehicle
Property Company
Mortgage Company
Break Costs
Trustee Costs
Expansion
Loan Amortisation
Cure Rights
Fixed and floating charges over assets
> 2000
End of Investment Period
High Quality Liquid Assets (HQLA)
Payment in Kind (PIK) interest/ Accrued Interest
Mezzanine Debt
Second Mortgage
Cash Sweep
Diversity, Equity and Inclusion (DEI)
Compensation Prepayment Proceeds
Mark-to-Market
Margin
Disposals Account
Master Vehicle
Assignment / Transfer clauses
Flexibility for alternative use
Over the Counter (OTC)
Recovery Payment Proceeds
Development Facility
Interest reserve account
Related parties
Debt Fund
Development Margin
Internal Ratings-Based Approach (IRB)
Set-up costs
Outstanding Principal Balance
Obligor
Facility Agent
Wealth taxes
Segregated Account
Discount margin
Public/Private Partnership (PPP)
Credit Default Swap (CDS)
Environment, Social and Governance (ESG)
First Ranking Mortgage
Debt Vehicle
Financial Covenants
Debenture
Default Covenant
Credit Rating
Commitment period
Conditions Subsequent
Constitutional Documents
Conditions Precedent
Standalone Sustainable Lending Policy
Material Adverse Effect
Syndicated loan purchaser
Duty of Care Agreement
Credit Committee
Excluded Recovery Proceeds
Information Covenants
Interest Period
Insurance Prepayment Proceeds
Subordinated Creditor's Security Agreement
Hedging Arrangement/Agreement
Interest Rate
Sustainability scorecard
London Interbank Offered Rate (LIBOR)
Funds of funds
Permitted Payment
Corporate Governance
Fixed Rate Recourse Debt
Outstanding Portfolio Balance
Investment margin (Spread)
Intercreditor Agreement
Participated Loan
Deposit Account
Development
Prepayment Fees
Strategy-Account Vehicle
Generally Accepted Accounting Principles (GAAP)
Syndicated Loan
Step in Rights
Non-Performing Loan (NPL)
Private Placement
Repayment
Financial Accounting Standards Board (FASB)
Sponsor
Capital Structure
Capital contribution
Governmental Accounting Standards Board (GASB)
Loan Term
Capital call
Securitized Loan
Contingent Rent
Residential Mortgage-Backed Securities (RMBS)
Hold Period
Redevelopment
Capital commitment
Brownfield
Indexed Rent
Transaction Document
Recallable Capital
Fair Value Generally Accepted Accounting Principles (FV GAAP)
Sustainability
Stabilisation
Renovation
Greenfield
Predevelopment
Side Letter
Capital call notice
Holding Company
Key person clause
Redemption Queuing Mechanism
> 1000
Multi manager
Repositioning
Vintage Year
Prepayment
Affordable Housing
Catch-up
Unfunded Commitment
HVAC
Hurdle Rate
Operational Real Estate
Private Placement Memorandum (PPM)
Lock-up Period
Absolute energy
Income distribution
Redemption Cap
Feed-in-Tariffs
Building GHG intensity
Mandatory disclosure requirements
Capital distribution
Greenhouse gas (GHG) emissions
Building types
Common parts
Subscription queuing mechanism
Lock-up
Climate Risk
Carbon Disclosure Project
Additionality
Floor area
Transition Risk
Building energy intensity
Boundaries
Carbon trading
Fugitive emissions
Community Development
Building water intensity
District heating and cooling
Physical Risk
Renewable energy
Total indirect GHG emissions
Impact Investing
Operational control
Economic Development
Equity-share
Sustainable Development Goals (SDG)
Impact investing metrics
Waste by disposal route
Financial Inclusion
Persons
Job creation
Underserved population
Social Impact
Financial control
Impact Measurement & Management
Intentionality
Gross operating income
> 500
Effective Share
Property Loan to Value (LTV)
Current development exposure as percentage of Gross Asset Value (GAV)
Unrealised (capital) gain / loss
Commitment
Gross property value
Vehicle Loan to Value (LTV)
Realised (capital) gain/ loss
Total return of capital
< 500
Return of capital
Total returned capital recalled
Remaining capital commitment
Net Debt Yield
Currency exposure
< 500
Currency exposure
Net Debt Yield
Remaining capital commitment
Total returned capital recalled
Return of capital
> 500
Total return of capital
Realised (capital) gain/ loss
Vehicle Loan to Value (LTV)
Gross property value
Commitment
Unrealised (capital) gain / loss
Current development exposure as percentage of Gross Asset Value (GAV)
Property Loan to Value (LTV)
Effective Share
> 1000
Gross operating income
Intentionality
Impact Measurement & Management
Financial control
Social Impact
Underserved population
Job creation
Persons
Financial Inclusion
Waste by disposal route
Impact investing metrics
Sustainable Development Goals (SDG)
Equity-share
Economic Development
Operational control
Impact Investing
Total indirect GHG emissions
Renewable energy
Physical Risk
District heating and cooling
Building water intensity
Community Development
Fugitive emissions
Carbon trading
Boundaries
Building energy intensity
Transition Risk
Floor area
Additionality
Carbon Disclosure Project
Climate Risk
Lock-up
Subscription queuing mechanism
Common parts
Building types
Greenhouse gas (GHG) emissions
Capital distribution
Mandatory disclosure requirements
Building GHG intensity
Feed-in-Tariffs
Redemption Cap
Income distribution
Absolute energy
Lock-up Period
Private Placement Memorandum (PPM)
Operational Real Estate
Hurdle Rate
HVAC
Unfunded Commitment
Catch-up
Affordable Housing
Prepayment
Vintage Year
Repositioning
Multi manager
> 2000
Redemption Queuing Mechanism
Key person clause
Holding Company
Capital call notice
Side Letter
Predevelopment
Greenfield
Renovation
Stabilisation
Sustainability
Fair Value Generally Accepted Accounting Principles (FV GAAP)
Recallable Capital
Transaction Document
Indexed Rent
Brownfield
Capital commitment
Redevelopment
Hold Period
Residential Mortgage-Backed Securities (RMBS)
Contingent Rent
Securitized Loan
Capital call
Loan Term
Governmental Accounting Standards Board (GASB)
Capital contribution
Capital Structure
Sponsor
Financial Accounting Standards Board (FASB)
Repayment
Private Placement
Non-Performing Loan (NPL)
Step in Rights
Syndicated Loan
Generally Accepted Accounting Principles (GAAP)
Strategy-Account Vehicle
Prepayment Fees
Development
Deposit Account
Participated Loan
Intercreditor Agreement
Investment margin (Spread)
Outstanding Portfolio Balance
Fixed Rate Recourse Debt
Corporate Governance
Permitted Payment
Funds of funds
London Interbank Offered Rate (LIBOR)
Sustainability scorecard
Interest Rate
Hedging Arrangement/Agreement
Subordinated Creditor's Security Agreement
Insurance Prepayment Proceeds
Interest Period
Information Covenants
Excluded Recovery Proceeds
Credit Committee
Duty of Care Agreement
Syndicated loan purchaser
Material Adverse Effect
Standalone Sustainable Lending Policy
Conditions Precedent
Constitutional Documents
Conditions Subsequent
Commitment period
Credit Rating
Default Covenant
Debenture
Financial Covenants
Debt Vehicle
First Ranking Mortgage
Environment, Social and Governance (ESG)
Credit Default Swap (CDS)
Public/Private Partnership (PPP)
Discount margin
Segregated Account
Wealth taxes
Facility Agent
Obligor
Outstanding Principal Balance
Set-up costs
Internal Ratings-Based Approach (IRB)
Development Margin
Debt Fund
Related parties
Interest reserve account
Development Facility
Recovery Payment Proceeds
Over the Counter (OTC)
Flexibility for alternative use
Assignment / Transfer clauses
Master Vehicle
Disposals Account
Margin
Mark-to-Market
Compensation Prepayment Proceeds
Diversity, Equity and Inclusion (DEI)
Cash Sweep
Second Mortgage
Mezzanine Debt
Payment in Kind (PIK) interest/ Accrued Interest
High Quality Liquid Assets (HQLA)
End of Investment Period
> 3000
Fixed and floating charges over assets
Cure Rights
Loan Amortisation
Expansion
Trustee Costs
Break Costs
Mortgage Company
Property Company
Parallel Vehicle
Disposition
Securities handling charges
Partnership
Investment Company
Security Agent
Outstanding Capital Commitment
Subordination Agreement
Property Management Company
Investment Management Company
Limited Liability Company
Senior Loan
Total direct GHG emissions
Limited Partnership (LP)
Financing fee
Financing Company
Security
Bullet Repayment
Separate Accounts
General Partner (GP)
Limited Partner
Minimum Capital Requirement (MCR)
Transaction Obligor
Property-related taxes
Low-rise Apartments
Discretion
Limited Liability Partnership (LLP)
Reimbursement Income
Investee
Asset Liability Matching (ALM)
Power Center
Distribution fee
Special Purpose Vehicle (SPV)
Make-Whole Provision
Registered Investment Advisor (RIA)
Fee waivers
Replacement Costs
Staff costs
Neighborhood Center (retail)
Warehouse (industrial)
Redemption fees
Liquidity Coverage Ratio (LCR)
Restrictions on transfer
Percentage Rent
Theme / Festival Center
Debt arrangement costs
Prepayment Penalty
Subordinated Loan
Deferred taxes
Letter of credit (LOC)
Garden-type Apartments
Asset Management Company
Flex Space (industrial)
Junior Debt
Research and Development (industrial)
Outlet Center
High-rise Elevator Apartments
Subscription fee
Required standard
Performance Bond
Surety Bond
Residual value
TIF Notes
Alternative Investment Fund (AIF)
Market Vacancy
Weighted Average Remaining term of Floating Rate Fund T1 leverage
Debt Interest
Performance Attribution
Authorised Management Company
Participating mortgage
Spens Clause
Total debt maturities
Development fee
Office Showroom
Maturity Date
Contingent liabilities
Interest Rate Swaps
Paid in Capital Multiple
Highest and Best Use
Fashion / Specialty Center
Free Rent
Contractual Interest
SFAS
Transaction offsets
Regional Mall
Fund /Account(s)
Foundational Standards
Marketing costs
hedging instruments
Loan Amortization Period
Gross Sales Price
Guarantee
Credit enhancements
Inception date (Fund)
Community Center (retail)
ROI (Return on Investment)
Contractual Principal
Non-Recourse Debt
Lease Area
Industrial Revenue Bonds
Debt Yield
Realization Multiple
Historical Interest Cover Ratio (Historical ICR)
Controlling Equity Interest
Hedged %
Total capital drawn down
Investment level
Placement agent costs
Commercial mortgage-backed securities (CMBS)
Fixed Rate Debt
Regulatory / Statutory costs
Borrower
Loan Lockout Period
Residual multiple
Non-Controlling Equity Interests (Minority Interest)
Loan to Cost (LTC)
Valuation
Subscription Agreement
Time-Weighted Return (TWR), investment level
Net Sale Price
Inception date
Paid in capital
Foreign exchange difference
Cross Collateralization
Statement of Position (SOP) (accounting)
Costs of Sale
Recourse Debt
Weighted Average Remaining term of Fixed Rate Fund T1 leverage
Commitment fees
Planned Liquidation Date
Operational results
Alternative Investment Fund Manager (AIFM)
Weighted Average interest rate of Fund T1 leverage
Floating Rate Debt
Dividend Payment
Asset-backed securities (ABS)
Wind-up fee
Fair Value
Bridge Loan
Income Approach (valuation technique)
Manufacturing facility (industrial)
Interest rate hedging ratio
Construction Loan
Base Interest
Self-Storage (facility)
Loan to equity
Waterfall Analysis
Leverage Percentage
Single Client Account
Fair Value (GIPS, Appraisal Institute)
Contingent Interest
Fair Value Option
End of maximum extendable vehicle term
Carve-outs (lending)
Number of assets
Portfolio Interest Service Coverage Ratio
Start of Investment Period
Economic Share
Exit LTV
Time-Weighted Return (TWR) (Fund Level)
Residual value to paid-in capital multiple (RVPI)
Initial Leasing
Geometrically linked TWR
Additional Contingent Interest
Subscription secured credit facilities
Base Rent Income
Senior Living (facility)
Time-Weighted Return (TWR), property level
Property Protection Loan
Commingled Fund
Cumulative TWR returns
Subordinated Creditor
Other net income
Modified Dietz
Asset Originator
Asset-weighted composites
Paid in capital to committed capital multiple
Opportunistic (RS Style)
Caps (Interest)
Legal fees (Not property specific)
Property
Market Value
Operating Model
Claw back
Audit costs
Asset weighting methodology
Reversionary income
Internal Rate of Return-original and projected
Net Asset Value - NAV (RS)
Leverage
Make-Whole Margin
Market Approach (valuation technique)
Capital expenditures (CAPEX)
Fair Value Accounting Policy Manual
Super-Regional Mall
Benchmark
Investment multiple
Appreciation
Gross Assets (for fund leverage measures)
Redemption
Amortization Period
Value-added (RS Style)
Internal Rate of Return - IRR (RS)
Style-Fund
Euro Interbank Offered Rate (EURIBOR)
Non-participating mortgage loan
Refurbishment
Property Conversion
Borrower sustainability credentials
Cost Approach (valuation technique)
Standing investment
Asset weighted
Feeder Vehicle
Borrower sustainability scorecard
Total Value to paid in capital multiple (TVPI)
Exempt fees and costs
Cash management fee third party
Distributions to paid-in capital (DPI) multiple
Non-Operating Model
Debt Service Coverage Ratio - DSCR (RS)
Opportunistic (INREV Style)
Partial Period (for TWR purposes)
Value-added (INREV Style)
Bank / loan / overdraft / debt interest
Event of Default (EOD)
Fund management fee
Time-Weighted Return (TWR)
Vehicle Formation Date
Termination Clause
Internal valuation
Vehicle-level loan to cost
Weighted average lease expiry
Valuation costs
Transfer agent costs
Investment Period
Debt Service Coverage Ratio - DSCR (INREV)
Tax effect of the adjustments
Sustainable Investment
Cost of development portfolio
Initial Closing
Offer price
Property insurance costs
Taxes on property related activities
Net investment income-Operating Model
Core (RS Style)
Number of new / renewed loans
Other/misc. vehicle costs
Percentage of total capital commitments invested
Secondary Trade
Vehicle administration costs
Debt arrangement fee
Investment
Net Zero Carbon Building
Project management costs
Stepped Rent
Vehicle-level loan to value
NOI yield
Termination Date
Gross equity multiple of vehicle realized
Equity multiple-net, projected
Property management costs
Vehicle formation costs
Pooled Trusts
Professional services costs
Vehicle Documentation
Bank Charges
Acquisition
Weighted average cost of debt excluding shareholder loans
CFA Institute
Total capital commitments (By all investors)
Non-controlling effects on the INREV NAV adjustments
Composite
Utilities, repair and maintenance costs (non-rechargeable portion)
Open End Vehicle
Property-level loan to value
Core (INREV Style)
Distributions
Leverage Limits
External leasing commissions
Global Investment Performance Standards (GIPS®)
Fair value of vehicle according to INREV guidelines
Final closing
All-in Interest Rate
Single Account
INREV Guidelines
Emerging Issues Task Force (EITF)
Vacancy (Based on estimated rental value)
Gross property return
Vehicle Manager
Internal Rate of Return-starting from inception to end-projected-net
Property Manager
Weighted average maturity of debt excluding shareholder loans (Years)
Internal Rate of Return-net
Equity multiple- gross, projected
International Financial Reporting Standards (IFRS)
Joint Venture
Custodian costs
Vacancy (Based on leasable floor space)
Life Insurance Separate Account
Nominal value of debt excluding shareholder loans
Internal Rate of Return-gross
Fair value of investment portfolio
Void rate
Target percentage of (re)development exposure
Internal Rate of Return-starting from inception to end-projected-gross
Fund Manager
Uniform Standards of Professional Appraisal Practice (USPAP)
Net return
Target return derived from income
Internal Rate of Return-realized (Gross) vehicle
Weighted average cost of debt
Waterfall calculation
Pension Real Estate Association (PREA)
Loan Covenants
Project management fee (excl. development activities)
Internal leasing commissions
Investment Advisor
Club Deal
Accounting Standards Update (ASU)
Style
Allocated Loan Amount
Internal Rate of Return-since inception gross of fees
Reporting standards - handbook volume I and II
International Valuation Standards Council (IVSC)
Fair value (IFRS definition)
Closed End Vehicle
Fund
Maximum LTV
Total return (net and unlevered)
Total current outstanding capital
Net Operating Income (NOI)
Carried interest
Vehicle
Asset Manager
Fair Value Net Asset Value (FV NAV)
Gross return
Investment Manager
INREV
Capital expenditure (Capex) Facility
Assets under Management (AUM)
Total return net to investor
Property Management Fee
ANREV
Dead deal costs
Property acquisition costs
Total capital commitment drawn
National Council of Real Estate Investment Fiduciaries (NCREIF)
Internal Rate of Return-since inception net
Equity multiple (Gross)
Property disposition costs
Target percentage non-income producing investments
Property acquisition fee
ADC Arrangements
Equity multiple (Net)
Income return
Distribution-dividend yield
Real Estate Expense Ratio (REER)
Net Asset Value - NAV (INREV)
Internal Rate of Return - IRR (INREV)
Interest Payment Date (IPD)
Total Expense Ratio (TER)
Property disposition fee
Performance fee
Asset management fee
Fee reductions/rebates
Gross asset value of vehicle (Including pro rata share in joint ventures)
Net financing cost
Gross initial yield
Estimated Rental Value (ERV)
Reversionary yield
Attachment Point LTV
Net equivalent yield
Net Initial Yield (NIY)