Stabilisation is a relative term and it is dependent on the condition to which it relates. When using this term, it is therefore important to specify the context (e.g. development, leasing/market conditions, a single property vs. entire portfolio, etc.), as this term carries a broad range of implications. For example, the conditional criteria can be applied individually or collectively to determine the stability status of construction, operations, occupancy level, net income generation, or financing arrangements.
Global Definitions Database
Source: Global | Date: 02 March 2021 | ID: D0769 | Version: 1