RC2: Economic Size

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Not scored

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Assessment Portal

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check Eligible

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Not scored

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None

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What was the gross asset value (GAV) of the portfolio at the end of the reporting year in millions?

Assessment Instructions

chevron-rightIntent: What is the purpose of this indicator?hashtag

Gross Asset Value (“GAV”) is a metric used in GRESB data analysis to identify the size of the portfolio.

chevron-rightInput: How do I complete this indicator?hashtag

Complete the GAV field in millions (e.g., a GAV of $75,000,000 must be reported as 75).

Do not include a currency, as this has been reported in indicator RC1 above, but make sure the currency applied for GAV reporting is consistent with indicator RC1.

The value provided should be the GAV of the real estate portfolio at the end of the reporting year, and should include Development projects(if any) and need to reflect the percentage of financial ownership the entity has for each asset when calculating the economic size. Do not include the GAV of assets sold before the end of year.

As an alternative to GAV, you may report using the market value, the fair value or Net Asset Value (NAV) of the portfolio, at the end of the reporting year.

Terminology

GAV

Gross Asset Value

chevron-rightValidation: What evidence is required?hashtag

No evidence required.

Scoring

This indicator is not scored.


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