Archives: CRE Dictionary

Archives: CRE Dictionary

Business legal name CRE
CRE Dictionary
Business legal name
For business legal name, please see the organisation legal name Organisation legal name is a stronger umbrella term that covers not only companies, but also legal entities like Trusts, Public…
Organisation legal name CRE
CRE Dictionary
Organisation legal name
An organisation legal name or business legal name is the name that the business is legally registered under. This name is different to the trading as name. Generally each organisation…
Trading as name business
CRE Dictionary
Trading as name
Generally a business’s legal name and trading as name may be the same. In certain instances, however, a business may use a trading as name instead of their legal business…
Industry classification commercial property
CRE Dictionary
Industry classification
Industry classification is a type of economic taxonomy that organises organisations/businesses into industry groupings. This taxonomy is hierarchical, with parent-level layers holding more detailed children info below them. The simplest…
Holding company commercial property
CRE Dictionary
Holding company
A holding company owns and controls other companies, and sits at the top of a corporate hierarchy. In most instances, a holding company is the same as a parent company…
Lease occupation date commercial property
CRE Dictionary
Lease occupation date
The lease occupation date of a lease is the first permissible date for the tenant to assume the rights of occupation of a property from the property owner. An occupation…
Lease abstraction commercial property
CRE Dictionary
Lease abstraction
Lease abstraction is the process of converting lease data from PDF or paper, into a more analysis-friendly format – as desired by a client. The analysis friendly target format can…
Complex space CRE
CRE Dictionary
Complex space
Complex space is not a vanilla unit / listing / pocket. It’s a combination of different types of space that can’t be separately leased. High level example: an industrial building…
Sub-divisible CRE
CRE Dictionary
Sub-divisible
Sub-divisible (subdivisible) in CRE refers to a single space that can be broken into two or more parts. Sub-divisible – the “space” can mean Land – e.g. this parcel of…