Global Definitions Database

Access, learn and discover all terms related to the non-listed real estate sector.

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Gravity or Gravitational Models

Economic models that apply to all types of retailing situations in which a spatial dimension is present; assert that groups of customers are drawn to certain locations because of factors like the distance to market, distance between markets, market population, the size of the retail establishment, the location of competitors, etc.
 

Source: NCREIF | Date: 05 September 2025 | ID: D1179 | Version: 1