Global Definitions Database

Access, learn and discover all terms related to the non-listed real estate sector.

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Distributions to paid-in capital (DPI) multiple

Measures what portion of the return actually been returned to the investors. The DPI will be zero until distributions are made. As the fund matures, typically the DPI will increase. When the DPI is the equivalent of one, the fund has broken even. Consequently, a DPI of greater than one suggests the fund has generated profit to the investors

Source: NCREIF PREA | Date: 23 March 2020 | ID: D0149 | Version: 2