Glossary

Passing rent

Passing rent is the gross rent, less any ground rent payable under head leases

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Over rented

Over rented is a term used in the property market to describe when the passing rent is more than the estimated rental value Click here to subscribe for free equity research on investment trusts, funds and listed companies.

Under rented

Under rented is a term used in the property market to describe when the passing rent is less than the estimated rental value Click here to subscribe for free equity research on investment trusts, funds and listed companies.

Reversionary

Reversionary yield is a term used in the property market to describe the yield that should be achieved if the passing rent adjusts to the level of the estimated rental value Subscribe for free equity research on investment trusts, funds and listed companies.

warehousing – in finance

Warehousing – This is a catch-all name for a specific financing activity. Warehousing is where an asset manager takes a number of different assets, usually loans, and gathers them together before either packaging them up up into a vehicle such as a CLO or CDO and passing them on or creating a portfolio from them. […]

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Glossary

Passing rent