The Financial Accounting Standards Board is the independent, private- sector, not-for-profit organization, that establishes financial accounting and reporting standards for public ...

Changing the use of the building through a combination of renovations, improvements and use in order to change its market positioning, typically to add value to the property.

Stabilisation is a relative term and it is dependent on the condition to which it relates. When using this term, it is therefore important to specify the context (e.g. development, ...

It is a rental payment which is triggered by meeting a certain condition precedent defined in the lease agreement.

A type of Contingent Rent as defined in the lease agreement that varies based on changing interest rates or a specified inflation index such as the Consumer Price Index (CPI), typi ...

Land that has never been used or previously developed (i.e. natural and without improvements).

Land previously developed for other purposes that may not necessarily be available for immediate use without intervention (e.g. environmental contamination or existing buildings in ...

A holding company's primary purpose is investing in real estate or controlling other companies, assets or entities. For example, holding companies can hold property or ownershi ...

A separate investment vehicle that enables one or more individuals or entities to pool and invest capital in a specific Master Vehicle(s), without being involved in the portfolio m ...

A separate investment vehicle that enables one or more individuals or entities to pool and invest capital together alongside other investors in another vehicle, or pool of assets, ...