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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.

Catchment area

When discussing finance, it is important to understand the concept of a watershed. A watershed refers to the land area that drains water into a specific body of water, such ...

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Property management

Managing buildings involves various tasks such as rent collection, payment of expenses, maintenance and repairs, providing services, arranging insurance, and overseeing staf...

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Central business district

In the world of finance, the focal point of a city is often its central business district. This bustling hub is home to a variety of amenities, including shopping centers, of...

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License

A license is a legal permission granted to engage in an activity that would otherwise be considered unlawful or wrongful. This permission can be given for free, as part of a...

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