Sentences with phrase «occupancy costs»

"Occupancy costs" refer to the expenses associated with using or occupying a particular space or property, such as rent, utilities, property taxes, and maintenance fees. It includes all the costs a person or business needs to pay for living or working in a specific place. Full definition
Buyers always look at occupancy costs in determining whether a purchase is worth doing, and for how much.
Firms that do so likely will find that sharing offices downtown becomes viable, which can dramatically lower occupancy cost.
Examples of general expenses include book and electronic library subscriptions, technology infrastructure costs, compensation and benefits for most administrative staff and occupancy costs for administrative staff.
You need long - term transaction strategies that support your business goals, while reducing overall occupancy costs and increasing flexibility.
However, they're spending less on occupancy costs, she notes.
We aggressively drive down occupancy costs by analyzing your lease data, applying real - time market insight and implementing flexible strategies quickly.
While comparisons in dollars are affected by currency exchange rates, annual percent change calculations are based upon occupancy costs in local currency and are not influenced by currency changes.
We aggressively drive down occupancy costs by analyzing your lease data, applying real - time market insight and implementing flexible strategies quickly.
North America was again led by New York's Midtown, which posted a prime office occupancy cost of US$ 120.65 per sq. ft., reflecting a 5.6 % year - over-year increase.
In Latin America, São Paulo remains the most expensive market, posting an office occupancy cost of US$ 118.86 per sq. ft., and ranks as the 14th most expensive market globally.
Tokyo's central business district took the top spot with occupancy costs of $ 155.23 per square foot annually.
In a conference call, CEO Stanley Tanger said he hopes to reduce occupancy costs at the Charter Oak properties, currently about 8 percent, closer to Tanger's own 7.2 percent rate.
The dominance of Asia in the world's most expensive office locations continued, as Hong Kong - Central remained the highest priced market and four other Asian markets populated the top five, according to CBRE Global Research and Consulting's semi-annual Prime Office Occupancy Costs survey.
Not only will Whole Foods be able keep construction costs relatively low, it can also save money on occupancy costs because of the smaller size of the stores — thus achieving higher returns on capital.
CBRE tracks occupancy costs for prime office space in 127 markets around the globe.
Litt also says Taubman's disappointing double - digit leasing spread increases are due to high occupancy costs at its tony malls.
The company also considered factors such as occupancy costs, as well as each store's track record of profitability and forecasts for the earnings power of those stores going forward, given current sales trends and projections for the future.
London's West End followed with total occupancy costs of US$ 222.58.
Globally, occupancy costs rose by a scant 1.4 % on a year - over-year basis as modest growth in the Americas and Asia Pacific was partly offset by a slight decrease in recessionary Europe.
In the highly competitive restaurant industry, the «new normal» approach to optimizing occupancy costs combines renegotiating more favorable lease terms with remodeling locations to boost revenue.
Tenants there pay average annual occupancy costs of $ 64.70 per square foot.
Energy markets, such as Denver, Calgary and Houston, reported the strongest annual prime office occupancy gains, with Houston's Suburban and Downtown office markets witnessing significant increases in year - over-year occupancy costs, of 21.2 % and 14.9 % respectively.
The preference for office space within 500 meters of a rapid transit station outlined is clearly evident in the vacancy and / or occupancy cost differentials of most submarkets.
While only 12 percent of respondents reported tracking per equity partner / shareholder occupancy costs, firms will increasingly use this metric, especially to exhibit how long - term real estate costs are impacting profitability.
Occupancy costs also reflect that falling vacancy rate.
North America saw a below - average decline of -3.3 per cent (year - over-year), making the region the third weakest with falling occupancy costs in 51 out of 77 markets.
The report also found that on a year - over-year basis, global occupancy costs are searching for a bottom, with the markets monitored revealing a collective drop of -4.6 per cent worldwide over the 12 - month period ending March 31, 2010.
«As consolidation continues to accelerate, developers hope to tell shareholders that they will generate higher occupancy income, while retailers aim to minimize occupancy costs
While major U.S. office markets still haven't made the list for the world's top 10 most expensive rents, the country leads in having the fastest - growing occupancy costs...
«Combined with natural rollovers and releasing of existing space, there's room to drive occupancy costs up 100 to 150 basis points over time,» he says.
Corporations will seek expert help to keep occupancy costs low to compensate for lower returns.
Steeb says B - piece buyers are particularly concerned with occupancy costs since retailers» profitability is key.
«We're seeing some rents written down to achieve acceptable occupancy costs,» Steeb says.
The objective of controlling occupancy costs, maximizing productivity, employee recruitment and customer perception, will demand, expert market knowledge, creative and highly sophisticated solutions and a real estate advisor to execute the transactions that meet your corporate objectives.
Retailers also are attracted to less expensive occupancy costs, thanks to lower common area maintenance (CAM) charges.
Rental occupancy costs dropped the most in Asia, plunging as much as 44.6 percent in one Malaysian city (to $ 14.66 per square foot).
«Corporations want decreasing or stable occupancy costs.
She has pioneered an approach using risk analysis to study corporate occupancy costs to determine how cost risk is affected by real estate market fluctuations.
Once the transaction moves beyond the exploratory phase, property leases will need to be reviewed in detail, buildings physically inspected, property valuations completed, adaptability of facilities assessed, asset utilization and occupancy costs evaluated, leases benchmarked and property records explored.
Taking a consultative approach and leveraging our global reach, we assist corporations, investors and owners in effectively managing real estate operations and portfolios, creating and executing long - and short - term strategic plans that deliver reduced occupancy costs, increased efficiency and, ultimately, maximized value.
The dominance of Asia in the world's most expensive office locations continues, as Hong Kong - Central remains the highest priced market and four other Asian markets populate the top five, according to CBRE Global Research and Consulting's semi-annual Prime Office Occupancy Costs survey.
Operating expenses and thus pass - throughs are lower in most green buildings so tenants can afford to pay higher rents without increasing overall occupancy costs.
The Perth CBD has recorded the 13th fastest growth in commercial office occupancy costs in the world in the past year, according to the latest Global Market Rents Survey from CB Richard Ellis.
For property's competitive analysis, Location, expansion, renewal strategies, occupancy cost reduction, corporate finance capabilities, leasing, Investment sales and acquisitions call our office property services at Acres.
You will get FULL GST, will be considered low income, and if you live in Ontario, you get some wealthy ontario credits (occupancy cost because your income is so low).
Mumbai is now in fourth position on the list while Moscow remains in fifth in the CBRE rankings, which tracks occupancy costs for prime office space in 176 cities around the globe.
With the exception of lower occupancy costs — maybe a few thousand dollars a year, depending on where the office is and whether the company owns or rents its space — costs tend not to drop, says Cocks.
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