Void rate
A measure of the level of vacant space, which is calculated based on floor space or estimated rental value.
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A measure of the level of vacant space, which is calculated based on floor space or estimated rental value.
Source: INREV | Date: 23 March 2020 | ID: D0092 | Version: 4
Estimated rental income of vacant space / (contractual rental income of occupied space + estimated rental income of vacant space).
A measure of the level of vacant space, which is calculated based on net leasable floor space.