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An initial up-front partial payment for the purchase of expensive items/services such as a car or a house
down payment
The money that a landlord, an investor, or similar spends on making improvements to properties or rental premises
CAPEX
A verb that refers to the point in time when something, let’s say a lease, comes to an end.
to expire
An indicator that refers to the average duration of the leases signed by tenants.
WALT
The most important tenant in a development.
anchor tenant
When a person or organization declared in law as unable to pay their debts.
bankruptcy
What is the "0" floor called in English?
the ground floor
What is the outside part located inside a development called?
a courtyard
What do we call the areas just outside of the city?
surrounding areas, outskirts
When the government provides financial support to a sector.
to subsidize
What does high end mean?
good quality and expensive
When you illegally occupy a building.
to squat
When something is old and not well-maintained it is...
run down
The total area of the surface of a three-dimensional object.
the surface area
