Fund with a fixed term — capital is called and returned over the life.

  • Fund with a fixed term — capital is called and returned over the life.
  • Standard structure for value-add and opportunistic strategies.

Closed-end fund

Investment · Global

Short definition

Fund with a fixed term — capital is called and returned over the life.

Full definition

Standard structure for value-add and opportunistic strategies. 7–10 year life with 2–3 year extension options. No mid-life liquidity.

Why this matters for Class A leasing

Closed-end fund is part of the investment vocabulary that institutional Class A occupiers, landlords, and advisers use across Global markets. Understanding it correctly affects how you read lease documents, model occupancy economics, and benchmark deal terms across cities. Class A Atlas tracks regional variation alongside the global standard so cross-border occupiers can translate quickly.