Annualised return on a multi-year investment cash flow.

Annualised return on a multi-year investment cash flow.
Standard metric for closed-end value-add and opportunistic real-estate funds.

Internal rate of return (IRR)

Investment · Global

Short definition

Annualised return on a multi-year investment cash flow.

Full definition

Standard metric for closed-end value-add and opportunistic real-estate funds. Class A core funds target 7–9% IRR; core-plus 9–12%; value-add 13–17%; opportunistic 17%+.

Why this matters for Class A leasing

Internal rate of return (IRR) 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.

Annualised return on a multi-year investment cash flow.

Annualised return on a multi-year investment cash flow.
Standard metric for closed-end value-add and opportunistic real-estate funds.

Internal rate of return (IRR)

Investment · Global

Short definition

Annualised return on a multi-year investment cash flow.

Full definition

Standard metric for closed-end value-add and opportunistic real-estate funds. Class A core funds target 7–9% IRR; core-plus 9–12%; value-add 13–17%; opportunistic 17%+.

Why this matters for Class A leasing

Internal rate of return (IRR) 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.