Capitalisation Rate definition

Capitalisation Rate means: the annual interest rate calculated as the average, in the period between March 2013 and the last month prior to the Delivery Date, of the yield on Italian government bonds with terms of between 8 (or closer) and 12 (or closer) years, as recorded and published by the Bank of Italy ("Rendistato"). The arithmetic mean of the Rendistatos shall be computed by using Bank of Italy monthly statistics. In the event that such rate is not available, a similar rate for the same term from another monetary authority shall be used.
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Capitalisation Rate means 7.00 per cent.;
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Capitalisation Rate has the meaning provided in Condition 3;
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Examples of Capitalisation Rate in a sentence

  • The Capitalisation Rates magnify the effect of a change in Stabilised NRI, with a lower Capitalisation Rate resulting in a greater effect on the fair value of investment properties than a higher Capitalisation Rate.

  • Capitalisation Rate We have adopted 5% void for the vacancy period between rent reviews, rent free period and risk of vacancy and uncertainty.

  • Fair value (1) "Capitalisation Rate" is the expected eternal yield from the property portfolio minus the growth rate of net operating income.(2) "Discount Rate" is the expected eternal yield from the property portfolio including the growth rate of net operating income.

  • Across the entire portfolio of investment properties, an increase of 1% in the Equivalent Capitalisation Rate would have the impact of a €108.2 million reduction in fair value while a decrease of 1% in the Equivalent Capitalisation Rate would result in a fair value increase of €160.7 million.

  • Average adopted Capitalisation Rate weighted by property value as at 1 July 2016.

  • We have been appointed by the Board as the Independent Board Committee to advise you as to the fairness and reasonableness of the deposit services under the New Financial Services Agreement and relevant proposed caps.

  • The adopted Capitalisation Rate is derived from the analysis of available sales of similar investment grade properties.

  • Analysis of both Capitalisation Rate and Market Rent considers the relative physical and financial characteristics of the transactional evidence comparatively to those of the subject property.

  • The HQ is the ratio of the potential HAP exposure concentration to the noncancer dose-response value; the HI is the sum of HQs for HAP that affect the same target organ or organ system.above this benchmark, they become presumptively less acceptable under CAA section 112, and would be weighed with the other health risk measures and information in making an overall judgment on acceptability.

  • PropertyValuation (S$ million) As at 31 August Capitalisation Rate (%) As at 31 August20152014Change Net Asset Value (“NAV”) Per Unit As of 31 August 2015, SPH REIT’s NAV was S$0.95 per unit.

Related to Capitalisation Rate

  • Floating Rate Margin means 7.50 per cent. per annum.

  • Adjusted Eurodollar Rate means for any Interest Period with respect to any Eurodollar Loan, an interest rate per annum (rounded upwards, if necessary, to the next 1/100 of 1.00%) equal to (a) the Eurodollar Rate for such Interest Period multiplied by (b) the Statutory Reserves.

  • Step Up Margin means the rate per annum specified in the applicable Final Terms; and

  • Reference Value means the last reported sales price of the shares of Common Stock for any twenty (20) trading days within the thirty (30) trading-day period ending on the third trading day prior to the date on which notice of the redemption is given.

  • Adjusted Eurocurrency Rate means, for the Interest Period for any Eurocurrency Borrowing, an interest rate per annum (rounded upwards, if necessary, to the next 1/16 of 1%) equal to (a) the Eurocurrency Rate for such Interest Period multiplied by (b) the Statutory Reserve Rate for such Interest Period.