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;
Gross Lettable Area means, in respect of the Changsha Property, consists of
Gross Lettable Area or “GLA” means the gross area of the Development Project which is available for lease-up and commercialization;

Examples of Gross Lettable Area in a sentence

  • In the end of July 2016 the Company signed a non-binding Letter of Intent (“LOI”) with a global investment fund (the “Purchaser”) regarding the sale of the Torun Plaza and Suwałki Plaza shopping and entertainment centres in Poland (together the “Portfolio”).The Portfolio comprises a total of circa 60,000 sqm of Gross Lettable Area, of which Torun Plaza represents approximately 40,000 sqm and Suwalki Plaza approximately 20,000 sqm.

  • DEVELOPMENT PROJECTS AS AT JUNE 30, 2017 As at June 30, 2017, Unibail-Rodamco’s consolidated development project pipeline amounted to €8.1 Bn (€7.5 Bn in group share), corresponding to a total of 1.6 Mn m² Gross Lettable Area (GLA) to be re-developed or added to the Group’s standing asset portfolio.

  • The Property sits on a freehold land area of 50,900 sqm (approximately 547,883 sqft), and has a total Gross Lettable Area (“GLA”) of 21,984 sqm (approximately 236,634 sqft) with 940 carpark lots.

  • After the period, inquiry about missing documents cannot be received.

  • It contains requirements for developments with a Gross Lettable Area (GLA) greater than 1,000m2 to achieve a minimum of 4 Star Green Star Green Building Council of Australia (GBCA) rating or equivalent.

  • The shopping centre has a Gross Lettable Area (“GLA”) of 25 336 m2, is anchored by a 14 091 m2 Auchan hypermarket with a remaining lease term of 12 years, and consists of 78 other retail units.

  • It is where cost-conscious consumers and vendors can look after themselves.Figure 1.3key differences in between different types of malls Source:http://www.yourarticlelibrary.com/retailing/shopping-malls-and-its-types-with- statistics/48436Note: GLA represents the Gross Lettable Area and is the amount of the whole property available for rent.

  • It is important to understand that today banks have not put in place appropriate means to check the rider ―several transactions that appear to be connected‖ when transferring funds from a walk-in customer to any bank account (whether -intrabank or interbank).

  • Approach – While a consortium was in place prior to the receipt of Healthy Start funding, consideration was given to the establishment of a new consortium.

  • Development Projects as at December 31, 2020 As at December 31, 2020, URW’s share of the Total Investment Cost (“TIC”46 and “URW TIC”47) of its development project pipeline amounted to €4.4 Bn48, corresponding to a total of 0.7 million sqm of Gross Lettable Area (“GLA”49) to be re-developed or added to the Group’s standing assets.


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;

Related to Gross Lettable Area

  • Gross Floor Area means the total floor area, measured between the outside of exterior walls or between the outside of exterior walls and the centre line of party walls dividing the building from another building, of all floors above the average level of finished ground adjoining the building at its exterior walls;

  • Rentable Area when applied to the Premises, is that area equal to the usable area of the Premises, plus an equitable allocation of Rentable Area within the Building that is not then utilized or expected to be utilized as usable area, including that portion of the Building devoted to corridors, equipment rooms, restrooms, elevator lobby, atrium and mailroom.

  • Net Rentable Area means, with respect to any Real Estate, the floor area of any buildings, structures or other improvements available for leasing to tenants determined in accordance with the Rent Roll for such Real Estate, the manner of such determination to be reasonably consistent for all Real Estate of the same type unless otherwise approved by the Administrative Agent.

  • Usable Area means the usable area calculated in accordance with the BOMA Standard.

  • Total Floor Area means, the sum total of the total areas of all floors in a building or structure whether at above or below grade measured between the exterior faces of the exterior walls of the building or structure or from the centre line of a common wall separating two uses or from the outside edge of a floor where the outside edge of the floor does not meet an exterior or common wall, and;

  • Rentable Square Feet as used in the Lease will be deemed to include: (a) with respect to the Premises, the usable area of the Premises determined in accordance with the Method for Measuring Floor Area in Office Buildings, ANSI Z65.1-1996 (the "BOMA Standard"), plus a pro rata portion of the main lobby area on the ground floor and all elevator machine rooms, electrical and telephone equipment rooms and mail delivery facilities and other areas used by all tenants of the Building, if any, plus (i) for single tenancy floors, all the area covered by the elevator lobbies, corridors, special stairways, restrooms, mechanical rooms, electrical rooms and telephone closets on such floors, or (ii) for multiple tenancy floors, a pro-rata portion of all of the area covered by the elevator lobbies, corridors, special stairways, restrooms, mechanical rooms, electrical rooms and telephone closets on such floor; and (b) with respect to the Building, the total rentable area for all floors in the Building computed in accordance with the provisions of Subparagraph 1(a) above. In calculating the "Rentable Square Feet" of the Premises or the Building, the area contained within the exterior walls of the Building stairs, fire towers, vertical ducts, elevator shafts, flues, vents, stacks and major pipe shafts will be excluded.

  • Square feet or "square foot" as used in this Lease includes the area contained within the leased premises together with a common area percentage factor of the leased premises proportionate to the total building area.

  • Square Footage means the total gross horizontal areas of all floors, including usable basement and cellars, below the roof and within the outer surface of the main walls of buildings (or the center lines of party walls separating such buildings or portions thereof) or within lines drawn parallel to and two feet within the roof line of any building or portion thereof without walls (which includes, notwithstanding paragraph 3 below, the square footage of all porches), and including pedestrian access walkways or corridors, but excluding the following:

  • Building Operating Expenses means the portion of "Operating Expenses," as that term is defined in Section 4.2.7 below, allocated to the tenants of the Building pursuant to the terms of Section 4.3.1 below.

  • Building Square Footage or "BSF" means the square footage of assessable internal living space of a Unit, exclusive of any carports, walkways, garages, overhangs, patios, enclosed patios, detached accessory structure, other structures not used as living space, or any other square footage excluded under Government Code Section 65995 as determined by reference to the Building Permit for such Unit.

  • Floor Area means the gross floor area of the specific use.

  • Unstable area means a location that is susceptible to natural or human-induced events or forces capable of impairing the integrity of some or all of the landfill structural components responsible for preventing releases from a landfill. Unstable areas can include poor foundation conditions, areas susceptible to mass movements, and Karst terranes.

  • Footage means still images, video, audio and other data captured by the Flock Hardware or Customer Hardware in the course of and provided via the Flock Services.

  • Rentable Area of the Premises The amount of square footage set forth in Section 1.01(10).

  • Basal area means the effective surface area available to transmit the treated effluent from the filter media in a mound system into the in-situ receiving soils. The perimeter is measured at the interface of the imported fill material and in-situ soil. On sloping sites, only the area down-gradient from the up-slope edge of the distribution media may be included in this calculation.

  • Floor Area Ratio means the sum of the area of all floors of

  • Base Operating Costs means Operating Costs for the calendar year specified as the Base Year in the Basic Lease Information (excluding therefrom, however, any Operating Costs of a nature that would not ordinarily be incurred on an annual, recurring basis).

  • Gross weight means the aggregate weight of a vehicle or combination of vehicles and the load

  • Eligible area means a distressed area, a labor surplus area, an inner city area, or a situational distress area.

  • Base Operating Expenses means the Operating Expenses for the Base Year.

  • Built-Up Area and/or “Covered Area” in relation to a Flat shall mean the floor area of that Flat including the area of balconies and terraces, if any attached thereto, and also the thickness of the walls (external or internal) and the columns and pillars therein Provided That if any wall, column or pillar be common between two Flats, then one-half of the area under such wall column or pillar shall be included in the built-up area of each such Flat.

  • Urban renewal area means a slum area or a blighted area or a combination thereof which the municipality designates as appropriate for an urban renewal project.

  • car-share parking space means a parking space that is reserved and actively used for car-sharing;

  • Gross Rent means the rent for a set-aside unit, including any applicable utility allowances, in compliance with the rent limits applicable to the property for 2020. Gross rent does include optional fees included in the household’s lease, including but not limited to, washer/dryer, cable, parking, etc., as long as they are included in the lease or addendums to the lease. In addition, when a utility that is purchased from or through a local utility company by the Development, who in turn bills residents for actual consumption of the utility will also be eligible when the applicable utility allowance for the Development includes a deduction for the utility and the household’s lease specifies that the resident is responsible for the utility.

  • Tenant’s Share means the percentage set forth in Section 6 of the Summary.