Final closing
As defined in the Vehicle Documentation, the date of the final closing occurs at the end of the equity raising period set by the investment manager when the Vehicle is closed to new commitments.
Global Definitions Database
Access, learn and discover all terms related to the non-listed real estate sector.
Used in
Source
Topic
Related definitions
Initial Closing
As defined in the vehicle documentation, it is the date on which the conditions for the operating agreement are met for the initial closing. Generally, these conditions relate to subscription commitments.
Vehicle Formation Date
The date on which the Vehicle was legally established and became available for investors.