Total floor area
means a total area of all floors in the building measured to the outside surfaces of exterior walls (within a building outline).
Turnkey office fit-out
preparation of the leasable space in accordance with the tenant?s criteria at landlord?s expense.
Usable area
for taxation purposes, it is assumed that this area is measured along the internal lengths of the walls on all floors (including underground garages, basements, cellars and habitable attics) excluding the staircase and lift shaft area.
Valuation report
a document prepared by a property valuer which provides estimated market value of the property.
Vertical circulation area
the area of staircases without the lobby and the area of lift shafts.
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