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Commercial property, also called commercial real estate, investment property or income property, is real estate (buildings or land) intended to generate a profit, either from capital gains or rental income. [1] Commercial property includes office buildings, medical centers, hotels, malls, retail stores, multifamily housing buildings, farm land ...
US Commercial Real Estate Index inputs diagram. The economic drivers behind the CREI are isolated into sub-indices that include the Employment Index, Commercial Real Estate Price Index, Credit Index, Consumer Confidence Index, Housing Index, Inflation Index, Income Index, and the Retail Index.
A CAM charge is an additional rent, charged on top of base rent, and is mainly composed of maintenance fees for work performed on the common area of a property Each tenant pays their pro rata share of a property's total CAM charges, which prorated share is the percentage of the tenant's rented square footage of the total, rentable square ...
A commercial area is real estate intended for use by for-profit businesses, such as office complexes, shopping malls, service stations, bars and restaurants. It may be purchased outright by a developer for future projects or leased through a real estate broker. This type of property falls somewhere between residential and industrial property.
Associations that real estate agents and property developers can join include: the Kenya Property Developers Association (KPDA). [22] KPDA was established in Nairobi in 2006 as the representative body of the residential, commercial, and industrial property development sector in Kenya. It is an emerging business member organisation that works in ...
The purpose of industrial property law is to regulate the rights to certain inventions and industrial or commercial creations. It is regulated on a state, community and international level. [14] Industrial property legislation is part of the wider body of law known as intellectual property, which refers broadly to the creations of the human ...
Real estate investing can be divided according to level of financial risk into core, value-added, and opportunistic. [3] Real estate is divided into several broad categories, including residential property, commercial property and industrial property. [4]
Property condition assessments (PCAs) (also known as the property condition report, or PCR) are due diligence projects associated with commercial real estate.Commercial property and building inspections are important for clients seeking to know the condition of a property or real estate they may be purchasing, leasing, financing or simply maintaining.
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