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Search Results for:

Asset life cycle

Definitions

Current life cycle stage for the asset (e.g. Pre-development, development, etc.)

Building completion date

Definitions

The date when construction is officially completed. 

Acquisition date

Definitions

In case of acquisition during the period, date of completion of acquisition of the asset. 

Ownership share (%)

Definitions

In case of acquisition during the period, date of completion of acquisition of the asset. 

Ownership type

Definitions

Freehold vs leasehold. If part of asset are leasehold and part is freehold it should be defined based on the share of Market Rent (MR) if any type is more than 50%

Unit of area measurement

Definitions

Unit of measurement, eg sqM, sqFt, acre

Gross leasable area

Definitions

Total area of the asset including unlettable areas such as common areas, attached land, under development, etc. (if land is selected number of acres or hectares).

Net leasable area

Definitions

Leasable area that does not include unlettable areas, eg common parts

Number of units (applicable to residential asset)

Definitions

Number of residential units contained by the asset (if asset type is residential)

Weighted average unexpired lease term (years)

Definitions

Average remaining lease term in years where shorter of the first tenant break or lease expiry is used, weighted by current headline rent per annum

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