Total return (net and unlevered)
Time-weighted net and unlevered return.
Global Definitions Database
Access, learn and discover all terms related to the non-listed real estate sector.
Used in
Source
Topic
Related definitions
Gross property return
The absolute unleveraged return of the property portfolio over a stated period before any vehicle-level costs are deducted.
Gross return
The absolute return of the vehicle over a stated period before any vehicle-level fees and expenses are deducted.
Income return
Net investment income divided by NAV plus the time weighted (daily) contributions for the measurement period (TwdC) minus the time weighted (daily) redemptions for the measurement period (TwdR) and minus the time weighted (daily) distributions for the measurement period (TwdD). See Performance Measurement Module of the INREV Guidelines.
Net return
The amount an investor earns over the stated period after all vehicle-level fees and expenses including taxes and servicing of debt are deducted.
Total return net to investor
This uses as a numerator the aggregate of the cash flows used in the calculation of the gross IRR of a vehicle with respect to realized investments and as a denominator the total equity invested in respect of those same realized investments.