Global Definitions Database

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

Used in

Source

Topic

Class A

A subjective division of buildings by desirability among tenants and investors; generally high quality, well designed, using above-average materials, workmanship, and finish; sought by investors and prestigious tenants; excellently maintained and very well managed, especially if the building is more than 10 years old; attractive and efficient, the most desirable in their markets.

Source: NCREIF | Date: 02 September 2025 | ID: D0982 | Version: 1