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Search Results for:

Professional services costs

Definitions

Costs charged at vehicle level in connection with third party services such as accounting, secretarial, legal, tax and other advisory costs, which do not fall into another specific ...

Project management costs

Definitions

Costs charged by third parties for guiding the design, approval, and execution of a renovation project, as well as construction process of a development project. These costs may be ...

Project management fee (excl. development activities)

Definitions

A fee charged to the vehicle by the investment manager for oversight of a significant renovation project or large maintenance works.

Property

Definitions

A real estate asset.

Property acquisition costs

Definitions

Direct costs related to a specific property acquisition such as transfer tax, legal costs, due diligence or other closing costs. These exclude costs of running an acquisition progr ...

Property acquisition fee

Definitions

Fee charged by investment advisors, or managers, associated with the closing of a new investment. The fee compensates the real estate investment advisor, or manager, for services r ...

Akquisitionsgebühr

Definitions

Gebühr, die für den Abschluss eines neuen Investments von Investitionsberatern oder -managern erhoben wird. Die Gebühr vergütet den Investitionsberater oder -ma ...

Discretion

Definitions

Within the GIPS standards, discretion is the management company's ability to execute transactions and to make decisions regarding the vehicle's investments on behalf of the ...

Property disposition fee

Definitions

Fee typically charged by investment advisors, or managers, for services rendered in an investment disposition, including sales marketing, negotiating and closing of the deal.

Verkaufsgebühren

Definitions

Gebühr, üblicherweise vom Anlageberater oder Manager erhoben, für erbrachte Leistungen im Zusammenhang mit der Veräußerung von Anlageobjekten, einsch ...

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