The percentage of overall vehicle target GAV at any point in the life of the vehicle. Development exposure includes any development or redevelopment activities but excludes refurbishment.
Global Definitions Database
Target percentage of (re)development exposure
Describes the risk profile of the investment strategy adopted by an investment vehicle - there are three commonly used industry terms: core, value-...
Target percentage non-income producing investments
The target percentage of investments in non-income producing investments with the aim of generating future income after (re)development, refurbishm...
Target return derived from income
Percentage of target return derived from rental income that a vehicle is able to pay out...
Current development exposure as percentage of GAV
The percentage of vehicle GAV that is invested in development projects. This equals fair value of development portfolio/ GAV of vehicle.