---
title: "Core-plus fund — Class A Atlas glossary"
description: "Income-focused fund with light value-add overlay."
canonical: https://classa.info/glossary/core-plus-fund
pageType: glossary
lastUpdated: 2026-04-01T00:00:00.000Z
license: "CC BY 4.0 with attribution to Class A Atlas (https://classa.info)."
---

> Income-focused fund with light value-add overlay.

## TL;DR

- Income-focused fund with light value-add overlay.
- Targets stabilised assets with one or two upside levers: lease-up, mark-to-market, or light reposition.

# Core-plus fund

*Investment · Global*

## Short definition

Income-focused fund with light value-add overlay.

## Full definition

Targets stabilised assets with one or two upside levers: lease-up, mark-to-market, or light reposition. Target IRR 9–12%; leverage 40–55% LTV.

## Why this matters for Class A leasing

Core-plus fund is part of the investment vocabulary that institutional [Class A](/glossary/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](/topics/cross-border-expansion) occupiers can translate quickly.

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Citation: Source: Class A Atlas (https://classa.info/glossary/core-plus-fund), updated 2026-04-01T00:00:00.000Z.