The passing rent or net operating income divided by the gross property value including notional acquisition costs.
Global Definitions Database
Net Initial Yield (NIY)
The estimated rental value as a percentage of gross property value.
The passing rent divided by the property value.
The amount of income (or shareholder loan interest payments) the vehicle distributes to investors on a rolling 12 months basis as a percentage of t...
A time-weighted average of the net initial yield and reversionary yield, representing the return a property will produce based upon the timing of t...