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Property

Turnover rent

One term frequently used in the finance world is "percentage rent," which refers to a type of rent that is calculated based on a percentage of the lessee's annual business turnover. This type of rent typically has a base amount that it cannot fall below. While it is commonly used in the United States, it has also gained popularity in Europe and mature Asian markets, particularly for retail locations with high profitability.

Urban centers

In the realm of urban development, cities were traditionally categorized into groups, namely A, B, and C. As part of this classification, a limit was imposed on the maximum ...

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Frontage(line)

When discussing real estate, the term "frontage" refers to the length of a plot of land or building that directly faces a road. When dealing with multiple buildings in a row...

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Private treaty

One of the most frequently used ways of selling real estate is through private negotiations between the seller and potential buyers, or their representatives. This process i...

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Bare shell

A bare shell refers to the state of a property after construction has been completed, and basic building services have been installed. This includes flooring options such as...

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