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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.

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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Fitouts

In the world of finance, it is important to understand the concept of interior permanent furnishings in relation to property. These furnishings include elements such as HVAC...

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Agreement for lease/sale

A fundamental aspect of finance is the concept of a contractual agreement for a lease or sale. In order for this agreement to be legally binding, it must be documented in wr...

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Technology Park

A technology park is a planned development that offers top-notch office spaces, along with residential and retail buildings. Its main purpose is to attract high-tech compani...

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