Gross Lettable Area definition

Gross Lettable Area means the aggregate of all areas in the Land designated from time to time as lettable space (whether currently let or not) by the Lessor and measured under the applicable PCAL method of measurement for lettable area chosen by the Lessor;
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Gross Lettable Area means, in respect of the Changsha Property, consists of that
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Gross Lettable Area or “GLA” means the gross area of the Development Project which is available for lease-up and commercialization;
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Examples of Gross Lettable Area in a sentence

  • Upon completion, the project will deliver a proposed Gross Lettable Area of approximately 50,000 square metres of retail space.

  • The Company owns 51 Shopping Centres in Portugal, Spain, Italy, Germany, Greece, Romania and Brazil, with a total Gross Lettable Area (GLA) of 2 million m2.

  • Sonae Sierra manages and/or lets 92 shopping centres with a total Gross Lettable Area of 2.3 million m2 and about 8,300 tenants.

  • The Company owns 47 Shopping Centres in Portugal, Spain, Italy, Germany, Greece, Romania and Brazil, with a total Gross Lettable Area (GLA) of more than 1,9 million m2.

  • Title Deed Portion 1 of Erf 3047, Brits, Madibeng Local Municipality, North-West (Corner Van Velden & ▇▇▇▇▇▇▇ Street, Brits) Erf Size 1511m² Zoning General Business Gross Lettable Area  419m2  On-site visitors parking Tenancy  Tenant: Sheriff Brits  Lease Period: 5 Years  From 01/08/14 – 31/07/19  R2 000 escalation per annum R 2 130 000 Current Year 2 Gross Income R402 000 Expenses R67 776 Recoveries R26 469 Net Income R360 693 3 TENANT LEASE PERIOD FROM TO PER MONTH PER 12 MONTHS ESC.


More Definitions of Gross Lettable Area

Gross Lettable Area means, in relation to a Property, the area, measured in square meters, of that Property which is capable of being let;
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