SDDS Wiring-Guide

Paid-in capital multiple or paid-in capital to committed capital multiple - since inception

Applicable to closed end vehicles only. This measure provides information on the level of total commitments drawn down. Calculated as cumulative capital contributed to the vehicle (PIC) over the cumulative capital plus undrawn capital. 

Percentage externally valued

Indicate which percentage is externally valued of #9.1

Performance

For pricing purposes only. Performance fees should be accrued as soon as a reliable estimation is completed

Performance fees

Also known as incentive fees, promote or carried interest, these are fees charged by investment advisors, or managers, after a predetermined investment performance has been attained. These are fees which have either been paid, accrued, or disclosed as a potential liability. Carried interest represents a re-allocation of equity and should be treated accordingly for accounting, tax or regulatory purposes.

Performance fees

Also known as incentive fees, promote or carried interest, these are fees charged by investment advisors, or managers, after a predetermined investment performance has been attained. These are fees which have either been paid, accrued, or disclosed as a potential liability. Carried interest represents a re-allocation of equity and should be treated accordingly for accounting, tax or regulatory purposes.

Placeholder amount

Reservations to accommodate any additional capital events during the reporting period.

Placeholder date

Reservations to accommodate any additional capital events during the reporting period.

Postal code

Postal code of the asset

Pricing adjustments

Represents adjustments performed to NAV for pricing purposes. Sum of #4.4.1 to #4.4.8

Project management fees

A fee charged to the vehicle by the advisor, or manager, for guiding the design, approval, and execution of a renovation project, as well as the construction process of a development project. These costs may be expensed or capitalised at the property level.  

Project management fees

A fee charged to the vehicle by the advisor, or manager, for guiding the design, approval, and execution of a renovation project, as well as the construction process of a development project. These costs may be expensed or capitalised at the property level.  

Projected % of current remaining capital commitments to be invested in future development projects

Based on manager's estimates.

Property acquisition fees

Fee charged by investment advisors, or managers, associated with the closing of a new investment. The fee compensates the real estate investment advisor, or manager, for services rendered in an investment acquisition, including sourcing, negotiating and closing the deal.

Property acquisition fees

Fee charged by investment advisors, or managers, associated with the closing of a new investment. The fee compensates the real estate investment advisor, or manager, for services rendered in an investment acquisition, including sourcing, negotiating and closing the deal.

Property costs included in the REER

Property costs charged by external service providers classified in line with the INREV Guidelines. Click to see List of fees and costs for items included and excluded from INREV ratios.

Property disposition fees

Fee typically charged by investment advisors, or managers, for services rendered in an investment disposition, including sales marketing, negotiating and closing of the deal.

Property disposition fees

Fee typically charged by investment advisors, or managers, for services rendered in an investment disposition, including sales marketing, negotiating and closing of the deal.

Property fees included in the REER

Property fees earned by the manager classified in line with the INREV Guidelines. Click to see List of fees and costs for items included and excluded from INREV ratios.

Property level loan-to-cost

Nominal value of debt (#6.1) as a percentage of the (historical acquisition) cost of the investment & development portfolio, including purchasers' costs.

Property level LTV

Nominal value of debt (#6.1) over total fair value of investment & development portfolio (#9.1). These excludes lease liabilities and right of use assets under IFRS 16.

Property management fees

Fee charged by investment advisors, or managers, for the administration, technical and commercial management of real estate. A property management engagement typically involves the managing of property that is owned by another party or entity. This includes property advisory services.

Property management fees

Fee charged by investment advisors, or managers, for the administration, technical and commercial management of real estate. A property management engagement typically involves the managing of property that is owned by another party or entity. This includes property advisory services.

Property valuation standard

Indicate the valuation standards (such as RICS) used in arriving at an opinion of value for the portfolio.