The phrase "high occupancy" refers to a situation in which a lot of people or items are occupying or using a space or facility at the same time. Full definition
The «fundamental business» for REITs is managing their real estate assets to produce strong operating performance by maintaining high occupancy rates and strong rent growth. (reit.com)
This was driven largely by superior capital growth as a result of higher occupancy rates, lower discount rates and a lower level of capital expenditure in energy efficient buildings. (reimag.co.za)
The REIT has also been able to maintain high occupancy rates across its properties to the benefit of its investors. (valuewalk.com)