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Property

Pre-stressed concrete

In the field of finance, we often come across the term "pre-stressed concrete". This type of reinforced concrete utilizes high-tensile steel bars or wires, which are either pre-tensioned or post-tensioned. By strategically positioning these wires or tendons, the concrete is able to eliminate tension, preventing cracks and making it both water-tight and gas-tight. This method also enhances the durability of the structure, allowing for greater spans and higher loading capacity. In simpler terms, pre-stressed concrete is a game-changer in the world of construction and engineering.

Building contract

A building contract is a legally binding agreement between a landowner or occupier and a building contractor. It outlines the terms and conditions for the construction proje...

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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 inter...

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Green field site

A parcel of land, typically situated on the outskirts of a municipality or in a less developed area, that has previously remained untouched but is now being considered for d...

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Flatted factory

A multi-storey industrial building, equipped with multiple goods lifts, designed for the purpose of accommodating several businesses. The building is divided into smaller un...

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