SDDS Wiring-Guide

Occupancy (based on leasable area)

Percentage of total net leasable floor space being occupied, based on the actual move-in date of tenants. Occupancy = 1 - % of vacancy.  

Occupancy (based on rent)

Calculated as 1 - (Estimated rental income of vacant space / (contractual rental income of occupied space + estimated rental income of vacant space)).   

Occupancy rate (%)

Occupancy rate = (Estimated rental income of occupied space) / (Contractual rental income of occupied space + estimated rental income of vacant space). 

Ongoing management fees incl. in TGER

Fund and asset management fees charged by investment managers for their services regarding the everyday running of the vehicle and its portfolio. Click here for detailed calculation guidance for INREV Fee and expense metrics.

Operating expenses (repairs and maintenance)

Non-recoverable costs incurred during the day-to-day running of a property, such as repairs and maintenance. They exclude insurance, property management fee, utilities, supplies, property taxes, non-recoverable service charge, net finance costs, vehicle-level expenses and fees, capital expenditure, depreciation and income taxes.

Operational result

Interest and other costs related to external debt (eg interest expense or income, extension fees, prepayment fees, cost of related interest rate swaps, debt arrangement fees), excluding dividend distribution to investors.

Other fees earned by the manager excl.from TGER

Other fees earned by the investment manager. Click to see List of fees and costs for items included and excluded from INREV ratios.

Other gain/(loss) directly accounted for in equity

Other gain/losses directly accounted for in equity, such as CTA, hedging reserves.

Other gain/(loss) directly accounted for in equity attributed to the investors of the vehicle

This includes among others the unrealised revaluation of all assets and liabilities held in a currency other than the vehicle's functional currency (CTA), valuation changes of hedge instruments as well as other revaluation items directly accounted for in equity.

Other items not presented above

Items not captured in the lines above due to specific events, eg discontinued operations. Provide explanation in the comment box.

Other non-recurring net income

Non-recurring non-operating profit income, calculated by subtracting related operating expenses from the revenue of development projects and non-rental revenue.

Other operating expenses

Non-recoverable costs incurred during the day-to-day running of a property, such as insurance, property management fee, utilities, supplies, property taxes, non-recoverable service charge. They exclude net finance costs, vehicle-level expenses and fees, capital expenditure, depreciation and income taxes.

Other related fees, please specify

Any fees earned by the investment manager, not mentioned under previous fee categories. Provide explanation in the comment box.

Other related fees, please specify

Any fees earned by the investment manager, not mentioned under previous fee categories, eg commitment, subscription, redemption. Provide explanation in the comment box.

Other relevant asset level KPI

Definition text is not available yet.

Other specific adjustments (I)

For pricing purposes only. Only applicable to local GAAP. Additional adjustments to INREV NAV which cannot be captured in the above fields. Provide explanation in the comment box.

Other specific adjustments (I)

Only applicable to local GAAP. Additional adjustments to INREV NAV which cannot be captured in the above fields. Provide explanation in the comment box.

Other specific adjustments (II)

For pricing purposes only. Only applicable to local GAAP. Additional adjustments to INREV NAV which cannot be captured in the above fields. Provide explanation in the comment box.

Other specific adjustments (II)

Only applicable to local GAAP. Additional adjustments to INREV NAV which cannot be captured in the above fields. Provide explanation in the comment box.

Other specific critical date

Other specific key dates of the vehicle if agreed in the vehicle documentation.

Other tax charges

Other (if applicable) P&L related taxes. Items not included as deferred or current income tax.

Other vehicle specific NAV

Any specific calculation of NAV in case it is agreed in the vehicle documentation.

Outstanding capital commitments

Outstanding commitments which all investors are still bound to provide according to unexpired subscription agreements either as equity capital or shareholder loans.

Ownership share (%)

In case of acquisition during the period, date of completion of acquisition of the asset. 

Ownership type

Freehold vs leasehold. If part of asset are leasehold and part is freehold it should be defined based on the share of Market Rent (MR) if any type is more than 50%