Glossary

A sophisticated investor with professional knowledge of and/or experience in a single or multiple asset class. Qualifying investors typically have to meet minimum income/net worth requirements and/or belong to certain professional groups

An investment in an asset outside of the three traditional asset classes; stocks, bonds or cash

Anything owned that holds current, future or potential monetary benefit

A shared, distributed digital ledger that records the provenance of a digital asset

Brownfield is an urban planning term, which refers to land that has been used previously and has been lying vacant/unused. Brownfield investments are those where this land is either fully repurposed towards a new projects or the existing asset is repaired.

The profit earned on the sale of an asset

A tax incurred on the profit made from selling an asset

A real estate metric calculated using a property's net operating income as a percentage of its value. The lower the cap rate, the more expensive a property is deemed

A non-residential property that is used for commercial profit-making purposes such as an office space

A risk management strategy that limits the exposure to a single asset by investing in a range of assets/asset types with the intention that positive performance in one asset type can offset the negative performance of another

Greenfield is an urban planning term, which refers to land that has not been used before and remains in its original form e.g. a forest or a field. A greenfield project is built from scratch on this land.

Investing with the intention of reaping measurable positive social and/or environmental return alongside a financial return

IRR is used to determine the profitability of an investment by calculating the year-on-year expected growth in value of an investment

A collection of asset classes that an investor holds, such as stocks and bonds

An asset that can quickly and easily be exchanged into cash while keeping its market value stable

A property’s operating expenses subtracted from its gross operating income

The ratio of occupied and/or rented space to the total amount of space available to be leased. This percentage is used to estimate anticipated cash flow with regards to real estate and in particular, commercial or industrial property

Income that continues to be earned even after the initial work on an investment is completed

Investment within multiple asset classes that combine to reduce an investor's overall risk profile

An investment asset class that covers investments in physical assets such as real estate, energy and infrastructure

An abbreviation of ‘Real Estate Investment Trust’. A REIT is most commonly a listed company that invests in property or property loans.

Infrastructure that is used to generate the production of electricity or heat or both, from renewable sources such as solar, wind or water

The annual return that is achieved from renting out a property, as a percentage of the total value of the property

The digital representation of a direct or indirect investment that is stored on a Blockchain ledger

Similar to a traditional contract, a smart contract is an automatable and enforceable agreement, written digitally and stored on the blockchain

A measure of how much the stock market's overall value fluctuates

A process of issuing a Security Token on a Blockchain that digitally represents investment in an asset in the physical world

An abbreviation of weighted average unexpired lease term used to describe the average remaining lease length on a property or a portfolio of properties