Natural vacancy rate
Commercial property & real-estate term
The normal, average or traditional percentage of rental properties in a community that are not leased or occupied.
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 “N”
Negative amortization Negative cash flow Net income Nuisance Net lease Net leasable area Net lettable area Nominal interest rate