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Other/misc. vehicle costs

Definitions

Small or infrequent vehicle level costs that are not assigned to another cost category but are classified as a group. These may include other administration costs, statutory c ...

Pension Real Estate Association (PREA)

Definitions

PREA is a non-profit organization whose members are engaged in the investment of tax-exempt pension and endowment funds into real estate assets. PREA's mission is to serve its ...

PREA

Definitions

PREA (Pension Real Estate Association) ist eine gemeinnützige Organisation dessen Mitglieder steuerbefreite Pensionskassen und Stiftungsfonds sind die in Immobilien investiere ...

Performance fee

Definitions

Also known as incentive fees, promote or carried interest, are fees charged by investment advisors, or managers, after a predetermined investment performance has been attained. Car ...

Leistungsvergütung / Erfolgsbeteiligung

Definitions

Im Englischen auch bekannt als incentive fee, promote oder carried interest. Gebühren, erhoben von dem Investmentberater oder -manager, nachdem eine zuvor definierte Investmen ...

Planned Liquidation Date

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The specific date, as defined in the Vehicle’s Documentation, on which the Vehicle is expected to be liquidated and all residual equity returned to the investors.

Liquidationszeitpunkt

Definitions

Der, in den Fondsunterlagen definierte Zeitpunkt, zu dem das Investmentvehikel liquidiert wird und das gesamte Kapital an die Investoren zurückgezahlt wird.

Pooled Trusts

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A multi-investor investment Vehicle which is legally structured as a trust.

Professional services costs

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Costs charged at vehicle level in connection with third party services such as accounting, secretarial, legal, tax and other advisory costs, which do not fall into another specific ...

Project management costs

Definitions

Costs charged by third parties for guiding the design, approval, and execution of a renovation project, as well as construction process of a development project. These costs may be ...

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