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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 ...
space and infrastructure, such as planning, design, workplace, construction, lease, occupancy, maintenance, and furniture; people and organisation, such as catering, cleaning, ICT, HR, accounting, marketing, and hospitality. [9] Its two broad areas of operation are commonly referred to as "hard FM" and "soft FM". [10]
Employees travel for work, take vacation, or are working from home in greater numbers than ever before. To avoid having to lease or buy more office space, flex space allows a company to have a higher occupancy of cube space and less wasted work areas. At the beginning of the work day, an employee shows up at work.
A commercial leasing agreement is also called a commercial property, commercial real estate, business, industrial, and office space lease. [1] The individual in ownership of the property to be rented is called the lessor or landlord. [2] The lessee or tenant uses and rents the property owned by the lessor and provides them with monetary ...
An industrial park with factories in Queenstown, New Zealand Industrial sheds at Shoreham Dock complex in London, United Kingdom. An industrial park, also known as industrial estate or trading estate, is an area zoned and planned for the purpose of industrial development.
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