Glossary 05 Jun 2020 Exclusive Consultancy Agreement – Restriction in the property selection? When a prospective tenant enters into an exclusive consultancy agreement, he wants to have his search process monitored and coordinated.… admin
Glossary 05 Jun 2020 GFA – Gross floor area Under commercial tenancy law, different optional methods are used to determine the area to be leased (see “Area Calculation Methods”).… admin
Glossary 05 Jun 2020 Exclusive Mandates – Who represents whose interests? Exclusive Mandates in commercial leasing frequently fall into one of the following two categories: Consulting and Sales and Leasing Mandates… admin
Glossary 05 Jun 2020 Area Calculation Methods – How much space are you paying for? Different area calculations in different locations? The different area calculation methods are summarized under DIN 277. This norm draws a… admin
Glossary 05 Jun 2020 Building layout – Which building is the right one? Building depth, room depth, window axis dimension and the layout of a building tell us nothing about how suitable it… admin
Glossary 05 Jun 2020 Green building – What does it mean? There is currently no consensus regarding a single standard governing energy certification for office buildings. The increasing use of the… admin
Glossary 05 Jun 2020 Manual on additional expenses for commercial and residential rental properties The standard reference book ‘Handbuch der Mietnebenkosten’ (manual on additional expenses for rental properties) provides a comprehensive overview of all… admin
Glossary 05 Jun 2020 IPMS – International Property Measurement Standards The International Property Measurement Standards (IPMS) will provide more transparency and consistency in the Real Estate markets around the world… admin
Glossary 05 Jun 2020 No commission for the tenant – Who pays whom? Because of the current supply and demand situation, the landlord or property developer often pays the broker or consultant fee… admin
Glossary 05 Jun 2020 For-lease signs on buildings For-lease signs are often posted at properties for lease. They may have been posted directly by the owner, by the… admin
