Global Definitions Database

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

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Exclusivity Right

A legally binding clause that specifies that all investments that meet certain criteria will only be allocated to a particular investment vehicle managed by an investment manager and not be allocated to any other investment vehicles.  Usually limited to the Investment Period or when a certain percentage of the Committed Capital has been invested.
 

Source: NCREIF | Date: 05 September 2025 | ID: D1117 | Version: 1