Gross Asset Value

Gross Asset Value (GAV) represents the total market value of all the assets owned by a company or investment fund, including both current and non-current assets, before deducting any liabilities. GAV is a key metric used in real estate, private equity, and investment management to assess the overall value of a portfolio. It provides a snapshot of the total asset base, helping investors evaluate the scale and potential of an investment.

Example

A real estate investment trust (REIT) calculates its GAV by summing the market values of its properties, totaling $500 million, providing a measure of its asset base before accounting for debt.