Year a fund first deploys capital — the key benchmark for performance.
Investment · Global
Year a fund first deploys capital — the key benchmark for performance.
Class A fund returns are highly vintage-dependent: 2009–11 vintages (post-GFC) outperformed; 2020–22 vintages (cap-rate compression peak) underperformed.
Vintage year 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.