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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.

Lease agreement

A lease, a binding contract between a lessor and lessee, grants the tenant the right to use and control a property for a set period of time. This written agreement outlines ...

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Project management

As a skilled professor in finance, it is important to understand the key responsibilities of a leader in the development of land projects. This role involves not only planni...

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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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High Street

Retail businesses located on the main commercial street of a city are referred to as high street retail. This area is often the hub of retail activity and attracts a large n...

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