Global Definitions Database

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

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Prospective Value

A value opinion effective as of a specified future date; frequently sought in connection with projects that are proposed, under construction, or under conversion to a new use, or those that have not yet achieved sellout or a stabilized level of long-term occupancy.

Source: NCREIF | Date: 09 September 2025 | ID: D1377 | Version: 1