SDDS Wiring-Guide
Access the technical instructions, specifications, and practical examples to interpret data points in the SDDS/ ESG SDDS and ensure consistent reporting.
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Target IRR
Net target IRR indicated at vehicle formation, if applicable.
Target LTV
Target leverage ratio of the vehicle, if applicable. This may be different from the maximum LTV (#1.11.4).
Target percentage non-income producing investments
The target percentage of investments in non-income producing investments with the aim to generate future income after (re)development, refurbishment or re-letting activities. INCOME PRODUCING INVESTMENTS are investments in assets for which construction work has been completed and which are owned for the purpose of letting, producing a rental income that is negotiated at arm’s length with third parties. NON-INCOME PRODUCING INVESTMENTS are investments in assets (either properties or land) that at the time of investment are not producing any rental income and for which either (re)development, refurbishment or re-letting activities have to be undertaken before rental income is possible.
Target percentage of (re)development exposure
The percentage of overall vehicle target Gross Asset Value (GAV) at any point in the life of the vehicle. Development exposure includes any development or redevelopment activities but excludes refurbishment. (RE)DEVELOPMENT includes all activities to obtain or change building or land use permissions and the financing and construction works for the project(s) with the intention to enhance the value of the property. This also includes improvements to enhance the utility or energy conservation of a property. The threshold for the (re)development is that if ≥15% of GAV of an individual asset is spent on (re)development, the whole GAV of that particular asset will be regarded as (re)development. If
Target return derived from income
Percentage of target return derived from rental income that a vehicle is able to payout on an annual basis. This criteria is only applicable for a core vehicle. Please select "na" in case of Value Added or Opportunity vehicle.
Tax expenses
Non property-related operating expenses of the vehicle. These expenses include costs and fees as accounted for in the financial statements of the vehicle.
Termination date
The specific date, as defined in the vehicle documentation, on which the vehicle is expected to be liquidated and all equity returned to the investors or if such information is not identified within the legal documents, then the anticipated termination date agreed by investor and manager.
TGER
Vehicle fees (#11.17) and costs (#11.19), expressed as a percentage of time-weighted average INREV GAV (#11.21). Calculated on a rolling four-quarter basis.
TGER after tax (optional)
Optional ratio calculated as vehicle fees (#11.17) and costs (#11.19), plus vehicle tax, expressed as a percentage of time-weighted average INREV GAV (#11.21). Calculated on a rolling four-quarter basis. Click here for detailed calculation guidance for INREV Fee and expense metrics.
Time weighted average INREV GAV
Vehicle GAV adjusted for INREV required items and fair value concepts. Calculated on a time weighted basis for INREV expense ratios. Click here for detailed calculation guidance for INREV fee and expense metrics.
Time weighted average INREV NAV
INREV NAV calculated on a time weighted basis for INREV expense ratios. Click here for detailed calculation guidance for INREV fee and expense metrics.
Top tenants (percentage of gross rental income)
The name of the top 10 exposure to tenants by gross rental income and their share in the vehicle based on gross rental income. If confidentiality issues prohibit disclosing tenant names, please provide a general description of the business purpose of the tenant.
Total (equity) capital contributed - since inception
Amount of (equity) capital drawn from the investor since inception as part of a subscription agreement (gross of redemptions and excluding any recalled capital).
Total (equity) capital contributed - since inception
For closed end funds only. Amount of (equity) capital drawn from investors since inception as part of a subscription agreement (gross of redemptions and excluding any recalled capital).
Total (equity) capital recalled - since inception
Amount of capital contributions previously distributed to the investor which has been recalled since inception, eg to meet potential (unexpected) liabilities at the end of vehicle life or for specific investment purposes.
Total (equity) capital recalled - since inception
For closed end funds only. Amount of capital contributions previously distributed to investors which has been recalled since inception, eg to meet potential (unexpected) liabilities at the end of vehicle life or for specific investment purposes.
Total (equity) capital redeemed - since inception
Amount of (equity) capital redeemed by the investor since inception.
Total (equity) capital redeemed - since inception
For closed end funds only. Amount of (equity) capital redeemed by investors since inception.
Total allocated capital
Applicable to closed end funds. Total allocated capital is calculated as Total Net Capital Contributed since inception Drawn capital (see #13.13) + Capital part of closed investments but financed by Credit/Bridge facility + Capital part of signed and not closed investments + Capital part of approved but not signed investments. This represent the amount of the respective investor.
Total allocated capital
Applicable to closed end funds. Total allocated capital is calculated as Total Net Capital Contributed since inception (see #13.14) + Capital part of closed investments but financed by Credit/Bridge facility + Capital part of signed and not closed investments + Capital part of approved but not signed investments
Total allocated capital in %
Same as above # 19.4. Only as a % of Total Capital Commitments #19.2
Total allocated capital in %
Same as above # 12.7. Only as a % of Total Capital Commitments #12.2
Total amount capitalized during the reporting period related to the developments (as part of the initial acquisition)
This includes agreed fixed amounts in the contract, or any verbal amount estimated to pay as per reporting (when a reliable measurement can be made).
Total annual rent
Represents sum of annual rent for all in-place leases. Sum of #9.12.1 to #9.12.11
Total capital commitments
Total gross amount which the investor committed to subscribe to the vehicle to date as part of an unexpired subscription agreement. Covers both (equity) capital and shareholder loans commitments.
Total capital commitments
Total gross amount which all investors have committed to subscribe to the vehicle to date as part of an unexpired subscription agreement. Covers both (equity) capital and shareholder loans commitments.
Total capital expenditure
Total capital expenditure. Sum of #8.3.1 and #8.3.2
Total comprehensive Income
Sum of #5.15 and #5.18.
Total debt maturities in >5 years
Nominal value of debt (#6.1) maturing over 5 years (not referring to hedging, only to loan terms).
Total debt maturities in 1 year
Nominal value of debt (#6.1) maturing within 1 year (not referring to hedging, only to loan terms).
Total debt maturities in 1-2 year
Nominal value of debt (#6.1) maturing between 1-2 years (not referring to hedging, only to loan terms).
Total debt maturities in 2-3 years
Nominal value of debt (#6.1) maturing between 2-3 years (not referring to hedging, only to loan terms).
Total debt maturities in 3-4 years
Nominal value of debt (#6.1) maturing between 3-4 years (not referring to hedging, only to loan terms).
Total debt maturities in 4-5years
Nominal value of debt (#6.1) maturing between 4-5 years (not referring to hedging, only to loan terms).
Total distributions - during reporting period
Total amount of distributions made to the investor during reporting period. Sum of #21.1 and #21.2.
Total distributions - during reporting period
Total amount of distributions made to investors during reporting period. Sum of #14.1 and #14.2.
Total distributions - since inception
Total amount of income distributed to the investor in accordance with the vehicle documentation since inception.
Total distributions - since inception
For closed end funds only. Total amount of distributions made to investors since inception. Sum of #14.4 and #14.5.
Total distributions non-recallable - during reporting period
Total amount of distributions made to the investor in accordance with the vehicle documentation during the reporting period which cannot be recalled by the vehicle. Calculated as #21.3 less #21.3.1.
Total distributions non-recallable - during reporting period
Total amount of distributions made to investors in accordance with the vehicle documentation during the reporting period which cannot be recalled by the vehicle. Calculated as #14.3 less #14.3.1.
Total distributions non-recallable - since inception
Total amount of distributions made to the investor in accordance with the vehicle documentation since inception which cannot be recalled by the vehicle. Calculated as #21.6 less #21.6.1.
Total distributions non-recallable - since inception
For closed end funds only. Total amount of distributions made to investors in accordance with the vehicle documentation since inception which cannot be recalled by the vehicle. Calculated as #14.6 less #14.6.1.
Total distributions recallable - during reporting period
Total amount of distributions made to the investor in accordance with the vehicle documentation during the reporting period that can be recalled by the vehicle, eg to meet potential (unexpected) liabilities at the end of vehicle life.
Total distributions recallable - during reporting period
Total amount of distributions made to investors in accordance with the vehicle documentation during the reporting period that can be recalled by the vehicle, eg to meet potential (unexpected) liabilities at the end of vehicle life.
Total distributions recallable - since inception
Total amount of daistributions made to the investor in accordance with the vehicle documentation since inception, that is unexpired as at reporting period, and can be recalled by the Vehicle, eg to meet potential (unexpected) liabilities at the end of vehicle life.
Total distributions recallable - since inception
For closed end funds only. Total amount of distributions made to investors in accordance with the vehicle documentation since inception, that is unexpired as at reporting period, and can be recalled by the Vehicle, eg to meet potential (unexpected) liabilities at the end of vehicle life.
Total fair value of investment & development portfolio
Sum of fair value of investment portfolio (#9.2) and fair value of development portfolio (#9.14). If valuation reports do not differentiate between development and investment portfolio, please include the aggregate here in the comments box. These are excluding right of use assets under IFRS 16.
Total fees
Sum of all fees mentioned above (#18.1 to #18.16).
Total fees earned by the investment manager
Sum of all fees mentioned above (#11.1 to #11.15).
Total interest paid on shareholders' loans - since inception
Amount of interest paid to the investor since inception relating to shareholder loans (does not include repayment of principal).
Total interest paid on shareholders' loans - since inception
For closed end funds only. Amount of interest paid to investors since inception relating to shareholder loans (does not include repayment of principal).
Total market rent for the period (ERV)
Total rental income for the period estimated to be achievable if an asset is newly leased, assuming a normal market lease contract
Total net capital contributed - since inception
Net amount of (equity) capital, recalled capital and shareholders' loans drawn from the investor since inception. Sum of #20.9 to #20.13.
Total net result
Sum of #5.6 to #5.12. Reflects the net result in the income statement of the vehicle according to its accounting standards.
Total number of outstanding shares (if applicable)
Represents total number of shares in issue (end of date).
Total number of properties
Current number of properties owned by the vehicle. Property represents a real estate asset. For residential the unit of measurement is a full complex (not the individual apartments). For residential the number of lettable units may be included in the comment box.
Total rental income for the period
Gross passing rent as quoted on tenancy schedule. Passing rent is the rent chargeable to the tenant as per tenancy schedule and is inclusive or rent incentives (eg rent frees and rent deductions) but excludes variable rents (eg turnover rent)
Total result attributable to the investors
#5.13 less #5.14. Reflects the net result in the income statement for the investors of the vehicle according to its accounting standards.
Total return - five-year annualised
See instruction and definition of #7.1. Where a track record exists.
Total return - five-year annualised - gross of fees
See instruction and definition of #7.7. Where a track record exists.
Total return - one-year
See instruction and definition of #7.1. Calculated on a rolling four-quarter basis.
Total return - one-year - gross of fees
Represents the amount an investor earns over the stated period after all vehicle level fees and expenses (including taxes and interests) are deducted. Calculated as the change in NAV less any contributions plus management fees accrued during the period any redemptions and distributions over the calculated period, as a percentage of the time-weighted average NAV over the same period. See calculation details in the INREV Performance Measurement module. The use of the INREV NAV is encouraged. When the INREV NAV is not used and adjustments are made to the vehicle NAV, these should be properly disclosed.
Total return - quarter
Represents the amount an investor earns over the stated period after all vehicle level fees and expenses (including taxes and interests) are deducted. Calculated as the change in NAV less any contributions plus any redemptions and distributions over the calculated period, as a percentage of the time-weighted average NAV over the same period. See calculation details in the INREV Performance Measurement module. The use of the INREV NAV is encouraged. When the INREV NAV is not used and adjustments are made to the vehicle NAV, these should be properly disclosed.
Total return - since inception annualised
See instruction and definition of #7.1. Where a track record exists.
Total return - since inception annualised - gross of fees
See instruction and definition of #7.7. Where a track record exists.
Total return - ten-year annualised
See instruction and definition of #7.1. Where a track record exists.
Total return - ten-year annualised - gross of fees
See instruction and definition of #7.7. Where a track record exists.
Total return - three-year annualised
See instruction and definition of #7.1. Where a track record exists.
Total return - three-year annualised - gross of fees
See instruction and definition of #7.7. Where a track record exists.
Total shareholders' loans contributed - since inception
Amount of capital in the form of shareholders' loans drawn from the investor since inception.
Total shareholders' loans contributed - since inception
For closed end funds only. Amount of capital in the form of shareholders' loans drawn from investors since inception.
Total shareholders' loans repayments - since inception
Amount of shareholders' loan principal repaid to the investor since inception (does not include payment of interest).
Total shareholders' loans repayments - since inception
For closed end funds only. Amount of shareholders' loan principal repaid to investors since inception (does not include payment of interest).
Transaction based management fees incl. in TGER
Fees charged by investment managers for their services regarding the acquisition/disposition of real estate. Click here for detailed calculation guidance for INREV Fee and expense metrics.
Type of valuation
Indicate whether valuations are provided by an internal or external valuer.