Measurement Flashcards
1
Q
What is retail zoning?
A
The process of analysing rent on the basis that the front of a retail premises is worth more than the rear.
2
Q
What is ITZA and what is its calculation
A
In terms of Zone A
Process of establish a common unit of comparison for comparable evidence .
Zone the Unit, convert all zone to Zone A equivalent, Rent divided by ITZA
3
Q
What is IPMSC
A
Superseded by IPMS all buildings, it used to related to specific asset classes, offices and residential buildings.
