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Stanaford Data /

Vacancy Rate

The Vacancy Rate describes the percentage of Stock of a type of property (for example Class A office space) in a specific market that is vacant – not being paid rent on by a rent or occupied by an Owner occupier. Space that is not being used by a tenant but is being paid for and is not offered to the market for sublease is not listed as vacant space for calculating the Vacancy Rate. Similarly, if an owner occupier is not using space but does not offer it for lease to the market, the space is considered occupied.

Term in Russian