Net Initial Yield definition

Net Initial Yield means the annualised current passing rental income net of non-recoverable property expenses, divided by aggregate purchase price before transaction costs.
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Net Initial Yield means the average of the Independent Valuers’ annualised current passing rental income net of non- recoverable property expenses, divided by the Property Purchase Price, the Italian Properties Consideration or the French Properties Purchase Consideration, as the case may be.
Sample 1
Net Initial Yield means the average of the Independent Valuers’ annualised current Passing Rental Income net of non-recoverable property expenses, divided by the Property Purchase Price.
Sample 1

Examples of Net Initial Yield in a sentence

  • The scope of the property charges to be excluded for calculating the EPRA Net Initial Yield is defined in the EPRA Best Practices and does not correspond to “property charges” as presented in the consolidated IFRS accounts.

  • EPRA Net Initial Yield is a measure of the yield based on the annualised cash rents passing at the balance sheet date less non recoverable operating costs (e.g. service charges, property taxes, ground rents) divided by the gross portfolio value.

  • EPRA Net Initial Yield (NIY) measures the annualised rental income based on the cash rents passing at the balance sheet date, less non-recoverable property operating expenses, divided by the market value of the property, increased with (estimated) purchasers’ costs.

  • If vacancy includes short term lets (i.e. they are treated as occupied and not vacant) then consistent application with other EPRA metrics needs to apply (e.g. property included in Net Initial Yield and like-for-like rent calculation).

  • The adjustments described in the EPRA BPR Net Initial Yield calculation (such as inflation, rent review adjustments) relate to rental income to which the company is contractually entitled at the balance sheet date.

  • The fair value is based on the BAR / NAR (Bruto Aanvangsrendement/ Netto Aanvangsrendement or Gross/ Net Initial Yield) methodology.

  • EPRA metricsEPRA key performance measures 1 31.03.2019 31.12.2018EPRA Earnings (in euros per share)21,451,34EPRA NAV (in euros per share)373,571,2EPRA NNNAV (in euros per share)469,968,2EPRA Net Initial Yield (in %)6,06,0EPRA Topped-up Net Initial Yield (in %)6,06,0EPRA vacancy rate (in %)2,92,7EPRA cost Ratio (incl.

  • The following table shows the geographic split of the Group’s retail assets: Figures may not add up due to rounding.Sensitivity Sensitivity to Net Initial Yield change Figures may not add up due to rounding.

  • This measure is very similar to the EPRA Net Initial Yield except that the cash rent is ‘topped-up’ to reflect the rent after the expiry of incentives such as rent-free periods and discounted rents.

  • EPRA Net Initial Yield (‘NIY’)EPRA NIY is calculated as the annualised rental income based on the cash rents passing at the balance sheet date less non-recoverable property operating expenses, divided by the gross market value of the property (excluding those that are under development, held as PPE or occupied by CLS).


More Definitions of Net Initial Yield

Net Initial Yield means the annualised current passing rental income net of non-recoverable property expenses, divided by aggregate purchase price.
Sample 1
Net Initial Yield means the Net Rental Income determined as at the origination of a Whole Loan expressed as a percentage of the gross purchase price including the costs of purchase, in the case of each Whole Loan as set forth in the individual Origination Valuation Report.
Sample 1

Related to Net Initial Yield

  • Net Yield means, with respect to any Monthly Period, Portfolio Yield with respect to such Monthly Period minus the Base Rate with respect to such Monthly Period.

  • Available Incremental Amount has the meaning specified in Section 2.14(4)(c).

  • Net Investment means (i) as it relates to the Stockholders, the total amount of Gross Proceeds raised in all Offerings; and (ii) as it relates to the Limited Partners (other than the General Partner in its capacity as a Limited Partner) the total amount of Capital Contributions.

  • PJM Region Installed Reserve Margin means the percent installed reserve margin for the PJM Region required pursuant to RAA, Schedule 4.1, as approved by the PJM Board. PJM Region Peak Load Forecast:

  • Estimated Incremental Quarterly Tax Amount has the meaning assigned to such term in Section 6.9.

  • Accrual Yield means the rate specified as such in the applicable Final Terms; and

  • Fixed Incremental Amount shall have the meaning assigned to such term in the definition of “Maximum Incremental Facilities Amount”.

  • Available Increase Amount means, as of any date of determination, an amount equal to the result of (a) $25,000,000 minus (b) the aggregate principal amount of Increases to the Revolver Commitments previously made pursuant to Section 2.14 of the Agreement.

  • Net Interest Rate means with respect to any Note, the Interest Rate for such Note minus the Servicing Fee Rate applicable to such Note.

  • Net ITC means input tax credit availed on inputs and input services during the relevant period;

  • Amortisation Yield means the rate per annum (expressed as a percentage) used to calculate the Amortised Nominal Amount of a Zero Coupon Note, in accordance with the provisions of Condition 7.5.1.

  • Incremental Available Transfer Capability Revenue Rights means the rights to revenues that are derived from incremental Available Transfer Capability created by the addition of Merchant Transmission Facilities or of one of more Customer-Funded Upgrades.

  • Net weight means the weight of the goods themselves without packing materials and packing containers of any kind;

  • Incremental Revolving Increase has the meaning set forth in Section 2.16(a).

  • Total Initial Term Loan Commitment means the sum of the Initial Term Loan Commitments of all Lenders.

  • Tax increment revenues means the amount of ad valorem property taxes and specific local taxes attributable to the application of the levy of all taxing jurisdictions upon the captured assessed value of real and personal property in the zone. Tax increment revenues do not include any of the following:

  • Annual increase means, initially, fifty-nine cents per month

  • Incremental Increase has the meaning specified in Section 2.16(a).

  • Aggregate Remaining Net Positive Adjustments means, as of the end of any taxable period, the sum of the Remaining Net Positive Adjustments of all the Partners.

  • Net Interest means interest earned on a prearranged

  • Incremental Amount has the meaning specified in Section 2.14(a).

  • Net Invoice Price means the price paid by You for Your Vehicle including all factory fitted accessories and any discount given but excluding retailer fitted accessories, road fund licence, new vehicle registration fee, fuel, paintwork and / or upholstery protection kits, insurance premiums (including this Premium), warranty premiums and any such associated costs and any Negative Equity.

  • Incremental Operating Costs means the incremental expenses incurred by the Recipient’s implementing agencies on account of Project implementation, management, and monitoring, including office space rental, utilities, and supplies, bank charges, communications, advertising, vehicle operation, maintenance, and insurance, building and equipment maintenance costs, travel and supervision costs, and salaries of supporting staff, but excluding salaries of officials of the Recipient’s civil service.

  • Adjusted EBITDA Margin means Adjusted EBITDA divided by operating revenue;

  • Maintenance Margin means the minimum amount of money required in your Trading Account as specified on the Trading Platform in order to keep a Transaction open on the Trading Platform.