Describes the risk profile of the investment strategy adopted by an investment vehicle - there are three commonly used industry terms: core, value-added and opportunistic.
Global Definitions Database
Child terms
Core Fund or Vehicle
A fund which invests mainly in income producing investments. The fund will use low leverage, have no or very low development exposure and generate ...
Target percentage of (re)development exposure
The percentage of overall vehicle target GAV at any point in the life of the vehicle. Development exposure includes any development or redevelopmen...
Target percentage non-income producing investments
The target percentage of investments in non-income producing investments with the aim of generating future income after (re)development, refurbishm...
Target return derived from income
Percentage of target return derived from rental income that a vehicle is able to pay out...
Current development exposure as percentage of GAV
The percentage of vehicle GAV that is invested in development projects. This equals fair value of development portfolio/ GAV of vehicle.