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Global Definitions Database

Access, learn and discover all terms related to the non-listed real estate sector.

Vacancy (Based on leasable floor space)

A measure of the level of vacant space, which is calculated based on net leasable floor space.

Source: INREV | Date: 23 October 2026 | ID: D0323 | Version: 5

Topics: Asset Management

Related definitions

Vacancy (Based on estimated rental value)

Estimated rental income of vacant space / (contractual rental income of occupied space + estimated rental income of vacant space).

Void rate

A measure of the level of vacant space, which is calculated based on floor space or estimated rental value.