Partnership structure between an operator and a capital partner.

Partnership structure between an operator and a capital partner.
Standard structure for large Class A acquisitions and developments.

Joint venture (JV)

Investment · Global

Short definition

Partnership structure between an operator and a capital partner.

Full definition

Standard structure for large Class A acquisitions and developments. Operator (sponsor) co-invests 5–10%, raises 90–95% from LP. Promote (carried interest) on returns above hurdle.

Why this matters for Class A leasing

Joint venture (JV) 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.

Partnership structure between an operator and a capital partner.

Partnership structure between an operator and a capital partner.
Standard structure for large Class A acquisitions and developments.

Joint venture (JV)

Investment · Global

Short definition

Partnership structure between an operator and a capital partner.

Full definition

Standard structure for large Class A acquisitions and developments. Operator (sponsor) co-invests 5–10%, raises 90–95% from LP. Promote (carried interest) on returns above hurdle.

Why this matters for Class A leasing

Joint venture (JV) 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.