Net absorption: The decrease in the amount of property available over a particular period of time, taking account of both the amount of property let and the amount of new property coming on to the market (eg through development completions and vacated space). It is calculated by dividing the average number of sales per month by the total number of available homes.
Net asset value (NAV): The total assets of a company less all its liabilities including loan capital, and preference shares. NAV is usually expressed on a per share basis.
Net asset value (NAV) per share: Equity shareholders’ funds divided by the number of shares in issue at the period end.
Net rental income: Rental income after deduction of operating and other direct costs.