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Property

Willing seller-willing buyer

In the world of finance, we often rely on certain assumptions for valuation purposes. One of these assumptions is that the owner of a property is willing to sell their interest in it. This means that we consider the property to be available for purchase, even if there isn't actually a buyer at the time of valuation. This assumption helps us determine the true value of the property.

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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Refurbishment

When it comes to the enhancement and advancement of a structure, it is important to note the distinction between rebuilding or redevelopment and making improvements. In most...

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Negotiation

A dialogue, either verbal or written, between multiple individuals with differing perspectives, with the goal of finding a mutual understanding. In finance, this often invol...

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Business park

A business park, also known as a technology park, is a planned area that offers modern amenities for businesses. These parks have a lower building density compared to tradit...

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