Global Definitions Database

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

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Space Market

The mechanism for the voluntary trading of the rights to use land and buildings; demand for space is created by those who are willing to pay for the use of space and supply for space is provided by those willing to sell the rights that they own to the users.

Source: NCREIF | Date: 09 September 2025 | ID: D1481 | Version: 1