renewal probability
renewal probability
The average percentage of tenants in a building that are expected to renew at market rental rates at the expiration of their current leases. The figure is used to estimate leasing-related costs and downtime.
| 单词 | renewal probability |
| 释义 | renewal probabilityrenewal probabilityThe average percentage of tenants in a building that are expected to renew at market rental rates at the expiration of their current leases. The figure is used to estimate leasing-related costs and downtime. |
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