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