GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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01:50 Mar 13, 2012 |
Polish to English translations [PRO] Bus/Financial - Real Estate | |||||||
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| Selected response from: Mariusz Kuklinski United Kingdom Local time: 12:47 | ||||||
Grading comment
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Summary of answers provided | ||||
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5 +4 | Gross office space |
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Discussion entries: 1 | |
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Gross office space Explanation: in order to calculate the gross office space needed we need to take into account and average efficiency ratio which is calculated as the ratio the net rentable area of a building over its gross area. Therefore, in order to convert an estimate of office space demand into gross area needed to be build we need to divide with the efficiency ratio. For example, if the efficiency ratio is 85% and we have an estimate of office space demand needs of 50,000 square feet then we can estimate the gross office space needs as: Gross office space needs = 50,000/0.85 = 58,823 square feet. --------------------- Office Campus - Prelet Opportunity... The project provides a campus style office development consisting of six, two storey office buildings within a landscaped setting. Each building is positioned to operate either as an individual entity sitting within an office community or as a single organisation located within a landscaped campus environment. The six office buildings provide 75,000 sq ft gross of office space, with buildings ranging in size from approximately 9,500 sq ft to 15,500 sq ft gross. -------------------------------------------------- Note added at 2 hrs (2012-03-13 04:24:42 GMT) -------------------------------------------------- 46 kG Reference: http://www.property-investing.org/office-space-demand.html Reference: http://www.kings-hill.com/office-space-available-kent/view/5 |
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Grading comment
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