Access, learn and discover all terms related to the non-listed real estate sector.
Source: INREV | Date: 27 October 2026 | ID: D0301 | Version: 5
A discrete asset or group of assets held for future income, appreciation, or both and tracked separately.
A transaction whereby an existing investor transfers units or shares in a Vehicle directly to another investor (either a new investor, or one already invested in the Vehicle), based on pricing and terms agreed between the two parties, without the occurrence of new share/unit issue or redemption by the Vehicle itself.