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Project management fee (excl. development activities)

Definitions

A fee charged to the vehicle by the investment manager for oversight of a significant renovation project or large maintenance works.

Property

Definitions

A real estate asset.

Property acquisition costs

Definitions

Direct costs related to a specific property acquisition such as transfer tax, legal costs, due diligence or other closing costs. These exclude costs of running an acquisition progr ...

Property acquisition fee

Definitions

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 r ...

Akquisitionsgebühr

Definitions

Gebühr, die für den Abschluss eines neuen Investments von Investitionsberatern oder -managern erhoben wird. Die Gebühr vergütet den Investitionsberater oder -ma ...

Discretion

Definitions

Within the GIPS standards, discretion is the management company's ability to execute transactions and to make decisions regarding the vehicle's investments on behalf of the ...

Property disposition fee

Definitions

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

Verkaufsgebühren

Definitions

Gebühr, üblicherweise vom Anlageberater oder Manager erhoben, für erbrachte Leistungen im Zusammenhang mit der Veräußerung von Anlageobjekten, einsch ...

Property insurance costs

Definitions

Expenses related to insurance coverage which is often required by lenders which compensates a property owner and/or lender should the property be damaged by fire, windstorm or othe ...

Gebäudeversicherungskosten

Definitions

Expenses related to insurance coverage which is often required by lenders which compensates a property owner and/or lender should the property be damaged by fire, windstorm or othe ...

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