Legally binding reporting requirements for listed or non-listed companies. In the EU, these requirements include the European Accounts Modernisation Directive, which is interpreted ...

Codes for defining floor areas vary by location, building type and landlord-tenant arrangement, for example: common parts area, lettable/leasable area, internal area, usable area, ...

Areas which are shared with other occupants in multi-let buildings, including entrance areas, corridors, lifts, staircases, waste storage stores, communal kitchen or breakout facil ...

An investment in a real estate asset structured so as to create a strong correlation between returns to the asset owner and the underlying operational performance of the operator o ...

Also known as return of capital, it is the amount of capital returned to investors in accordance with the vehicle documentation. Along with capital distribution, there are other t ...

The amount of operating cash flow or gains that are distributed to the investors in accordance with the vehicle documentation. Along with income distribution, there are other typ ...

Any arrangement where investors are prohibited from requesting a redemption and/or transfer of their interests as outlined in the vehicle documentation.

The period of time where a lock-up is applicable. See the definition of  Lock-up.

Private Place Memorandum (“PPM”) – A document that outlines the terms of the real estate investment vehicle to be offered in private placements. The document ...

The partial return of an investor’s equity holdings from the Vehicle, at the investor’s request, up to a level (cap) as defined in the Vehicle Documentation.