Global Definitions Database

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

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Gross Floor Area (GFA)

The sum of the floor areas of the spaces within the building, including basements and mezzanine and intermediate-floored tiers; excludes non-enclosed (or non-enclosable) roofed-over areas, such as exterior covered walkways, porches, terraces or steps, roof overhangs, and similar features; measured from the exterior faces of exterior walls or from the centerline of walls separating buildings.

Source: NCREIF | Date: 05 September 2025 | ID: D1184 | Version: 1