Vacancy factor
Commercial property & real-estate term
The amount of gross revenue that pro forma income statements anticipate will be lost because of vacancies, often expressed as a percentage of the total rentable square meterage available in a building or project.
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 “V”
Valuation Void Valid Venture capital Variable expenses Vacant land Vacant space Vacancy rate