Global Definitions Database

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

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Global Endowment Management Implied Private Premium® (GEM IPP)

A benchmark metric that calculates the annualized rate of excess return that a private return stream generates over a public market benchmark, where a positive (negative) rate indicates outperformance (underperformance).

Source: NCREIF | Date: 05 September 2025 | ID: D1174 | Version: 1