Improvements
Commercial property & real-estate term
Things added to vacant land with the view to increasing its usefulness and value, such as buildings, parking areas, drainage works, etc.
Part of the Commercial Property glossary — plain-English definitions of the terms you meet when leasing, buying or selling commercial space in South Africa. See also our how-to guides.
More terms under “I”
Independent valuation/appraisal Interest payment Incurable depreciation Internal rate of return Investment Industrial property Investment property Installment
