Facility management
Facility management, also known as property technical management, is a field focused on the efficient and sustainable management of building...
Property management
Headline rent vs. effective rent
Headline rent refers to the amount stated in the lease agreement as the rent to be paid for the rental of the property. This amount does not...
Property Management
Property management, is a service or function related to the daily operation and maintenance of real estate. This term is often associated w...
Asset management
Asset management, also known as property asset management, in the context of commercial real estate is the process where an owner, asset man...
Tenancy schedule
A tenancy schedule is a document that contains a complete list of tenancy agreements in a property. It includes information such as the name...
Incentives / contributions
In the context of real estate leases, these are benefits or compensations offered to the tenant by the landlord in return for entering into ...
CAPEX (Capital Expenditure)
CAPEX is capital expenditure that is not charged as a current cost, but as an investment in an asset that increases the value of the propert...
MAREX (Marketing Expenditure)
Marketing expenditure in real estate refers to the cost of marketing and advertising activities aimed at raising awareness of a property or ...
Turnover
Turnover is an indicator for calculating Turnover Rent. It is used in the retail sector. The indicator tends to be a certain percentage (usu...
Service charges (SCH)
The term "service charges" (often referred to as "services" or "service fees" in Czech) relates to the costs associated with the maintenance...
Footfall
Footfall is a term used mainly in the retail sector to measure the number of people who visit a particular location, such as a shopping cent...
Rent roll
A rent roll is a detailed list of all rental units and associated payments, especially rent, service charges and marketing fees. It is a pur...
OPEX (Operating Expenses)
OPEX includes all expenses related to the day-to-day operation of the property. These costs may include payments for services such as cleani...