CRE dictionary

Despite CRE being a large and established industry, unusually industry terms are not universal and standardised. This CRE dictionary is our attempt at changing that. By sharing our learnings, providing clarity to industry insiders, and empowering outsiders, is our attempt at helping reduce confusion and promote ethical behaviour. Comments, constructive feedback and questions welcome – more brains are better than a few!

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We’re proud to present a user-friendly CRE dictionary and one-stop-shop for all these confusing terms.

Because we know that commercial real estate (CRE) / commercial property has its own language and can feel scary. We have created a page to help demystify the industry, and help you feel more confident.

So a couple minutes here will help you to self-serve yourself to a level of competence and comfort.

So you can understand how this page works:

With the CRE dictionary we aim to explain abbreviations, jargon and terms.
Using “Commercial real estate explained” we try to explain more complicated CRE concepts.

We aim to give you the information tools to empower and educate yourself. After a bit of time here, you should be able to ask the right questions. And, we hope, make even better decisions.

A word of warning. Commercial real estate (CRE) is an amazing industry. The more you learn, the more you want to learn. With this CRE dictionary you may even grow to love it.

Good luck!

Some context

We care about the industry. Here is our attempt, a work in progress, at the ultimate CRE dictionary.

It is our goal (please see here) to improve the reputation of this industry. This is good for consumers of the CRE industry (i.e. most businesses), and great for the hard-working, passionate and skilled CRE professionals who work in this industry.

One of the ways of doing this is to share knowledge so that our customer’s customers are better informed. Better informed, more knowledgeable and discerning consumers of CRE services raises the bar for the industry.

This CRE dictionary (with some other terms thrown in) is part of Gmaven’s mission for good, and is aligned with our values. Our objective: a single repository of industry jargon, explained (hopefully in simple terms) improves the ability of industry outsiders to evaluate CRE professionals.

We hope you enjoy learning about this wonderful industry. And we hope, through our efforts in this CRE dictionary and your learning, you end up making better decisions. Better CRE decisions to help you business. And better decisions in selecting professional, competent and passionate CRE service providers who can be of value to you.

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