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Sovereign Wealth Fund (SWF)

Definitions

A state-owned investment fund or entity which comprises of pools of money derived from a country's reserves; reserves are funds set aside for investment to benefit the country& ...

Space Absorption

Definitions

The amount of inventory or units of a specific commercial property type that become occupied during a specified time period (usually a year) in a given market, typically reported a ...

Space Market

Definitions

The mechanism for the voluntary trading of the rights to use land and buildings; demand for space is created by those who are willing to pay for the use of space and supply for spa ...

Space Plan

Definitions

A graphic representation of a tenant's space requirements, showing wall and door locations, room sizes, and sometimes furniture layouts.

Special Limited Partner

Definitions

An Investor in a fund that is an affiliate of the fund’s sponsor; generally used to receive promote or other carried interest distributions and typically has no capital commi ...

Specialist Consultant or Consulting Firm

Definitions

One or more experts that provide professional advice and recommendations across a specific asset class, such as real estate, to an individual or an organization for a fee.

Specific Risk

Definitions

The risk inherent to a particular investment or portfolio of investments that can be mitigated or reduced through diversification; also known as “diversifiable risk,” & ...

Specified Asset or Investment

Definitions

A pre-defined asset for investment.

Specified Investing

Definitions

Investment in individually specified properties or portfolios, or investment in commingled funds whose real estate assets are fully or partially specified prior to the commitment o ...

Speculative Space

Definitions

Any tenant space that has not been leased before the start of construction on a new building.

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