Glossary · GB,AE
Serviced Apartment
A furnished residential unit operated with services typically associated with a hotel, such as housekeeping, reception or concierge services.
Around this term
Related terms.
Branded Residence
A residential property associated with a recognised hospitality, fashion, automotive or lifestyle brand, typically offering private ownership alongside hotel-style services or amenities.
Rental Property
A residential or commercial property made available to tenants under a tenancy, lease or other rental agreement in return for rent.
Capital Appreciation
An increase in the market value of a property over time, creating a potential capital gain when the property is sold.
Capital Growth
An increase in the value of a property over time. Capital growth is one of the principal potential returns considered by property investors.
Commercial Property
Property primarily used for business, trade or commercial purposes, including offices, retail premises, warehouses and certain mixed-use assets.
Comparable Sales
Recently completed property transactions used to assess the likely market value of another property with similar characteristics, condition and location.
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