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You are at:Home»Finance»What is commercial real estate

What is commercial real estate

June 18, 2018

Probably every modern person has repeatedly heard about commercial real estate. However, not everyone understands exactly that this business concept means. Most often, various houses and apartments are accepted for commercial real estate, which are bought for a more profitable sale for profit. However, such real estate has nothing to do with the concept under consideration, since it does not cease to relate to housing. In fact, commercial real estate is called premises in which people designed to open offices, shops, restaurants, cafes, hotels and other institutions cannot live. It is noteworthy that today several types of commercial real estate are distinguished, which will be considered slightly lower. The first type is free property, implying the possibility of opening almost any institution. Sports complexes, hotels, restaurants, bars, etc. often open at such objects. In other words, this type of commercial real estate can be called the sector of public service. The second view is real estate designed to open various retail enterprises. In principle, to explain what exactly provides for this type of commercial real estate, perhaps, it is not worth it. The same can be said about office commercial real estate, with which everything is also clear. She is the third view. There is also commercial real estate of industrial purposes, where the production sector of factories and factories, warehouses and similar. Also, a variety of commercial real estate include social objects designed to open airports, medical centers, stations and other important institutions.

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