Gross asset value
This is the sum of the value of property owned by a company. It's mainly used by property funds.
Where have you heard about gross asset value?
If you have experience of dealing with real estate investment trusts, you might have heard how it's used to measure the performance of their fund managers. It's often used in conjunction with net asset value.
What you need to know about gross asset value.
It's an important indicator to show the success of a real estate investment trust manager. These trusts may own and operate a great deal of income-producing real estate. Gross asset value is the total market value of all the investments under the management of a fund, so it usually includes the value of equity positions, debt positions and joint venture ownership positions.