Sponsor's share of profits above the hurdle rate.

  • Sponsor's share of profits above the hurdle rate.
  • Typical structure: 8% pref to LP, then 50/50 split to a return hurdle, then 30/70 above.

Promote (carry)

Investment · Global

Short definition

Sponsor's share of profits above the hurdle rate.

Full definition

Typical structure: 8% pref to LP, then 50/50 split to a return hurdle, then 30/70 above. Promote is the operator's economic engine; structure carefully.

Why this matters for Class A leasing

Promote (carry) 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.