Deed, document, instrument, title
A written and duly signed document, sealed and delivered to the other party for whose benefit it was created, whereby ownership of real estate is typically transferred from one person to another.
Real Estate Investment Traded Funds (REITs Funds)
An investment fund specialized in investing in commercial real estate.
Closed-ended Real Estate Investment Funds
A joint real estate investment program designed to allow its investors to collectively participate in the program’s profits. It is managed by a fund manager for specific fees. These funds operate according to the following purposes:
Open-ended investment funds
A collective investment vehicle similar to open-ended unit trusts. Sometimes described as investment companies with variable capital (ICVC).
Equity Funds
Funds that primarily invest in shares of companies listed on financial markets, whether local, international, or regional.
Retirement Funds
It is one of the main ways that enables individuals to secure a source of funding for their needs after retirement. A variety of retirement programs are available, ranging from company-sponsored plans for employees to personal plans.
Net Liquid Assets
Assets financed by owners’ equity (common shares, declared reserves, or other retained earnings) that are unencumbered and available to cover general business risks.
Net Profit (Net Income)
It represents the net profit or net income available to owners after settling all obligations owed by the company in a specific period of time.
Net fixed assets
The term refers to the book value of fixed assets, derived by subtracting accumulated depreciation from their original cost.
Net Profits of the Fund
For the purposes of the Real Estate Investment Funds Regulation, this refers to the total returns of the Real Estate Investment Fund after deducting the total expenses and fees incurred by the fund, excluding components of other comprehensive income.