A vehicle’s GAV less all liabilities as per the chosen valuation principles.
Global Definitions Database
Child terms
Gross property value
The value of property held at the latest external or internal valuation.
Fair value of investment portfolio
Fair value of investment properties and trading properties intended for sale (properties that are stabilized and in lease up) in accordance with th...
Gross asset value of vehicle (Including pro rata share in joint ventures)
The gross property value plus the value of any further assets at market value as per the chosen valuation principles.
Typically further asse...