Active rental objects
What is it?
The key figure shows the exact number of rental properties that a real estate company manages or has under its responsibility at a specific time. It is a quantitative indicator that provides an overview of the number of rental properties in the real estate company's operations.
It may seem like a simple key figure, but surprisingly, many employees find it difficult to get a simple and accurate overview. This may be because there is not a good compilation in the real estate system or old and inactive rental properties are still there creating confusion.
It often becomes interesting by dividing the key figure further (into for example category, type or price level).
How is it calculated?
Total number of rental properties
* Includes only the rental objects where from date and to date are on each side of the specified time.
Why is it important to follow?
Following the key figure is important for real estate companies and organizations in the real estate industry for several reasons:
Portfolio management: It gives the real estate company an overview of the size and composition of its portfolio of rental properties. This is essential to understand the scale of their business and the types of properties they manage.
Financial planning: By having accurate information about the number of active rental properties, the real estate company can better plan its finances. It includes calculating rental income, budgeting for maintenance and managing operating costs.
Strategic growth: The number of active rental properties can be used as a basis for planning and implementing growth strategies. This may include the acquisition of new rental properties or the sale of existing properties.
Reporting: It enables the property company to report its portfolio size and performance to internal and external stakeholders, including investors, the board and authorities.
Note! By dividing this key figure into factors (such as price level, object type and size), you get a more detailed and in-depth understanding of the property portfolio. These insights are useful for targeted marketing, pricing, lease strategies and more.
In summary, the key figure provides a fundamental insight into the property company's operations and is crucial for financial planning, resource management, strategic growth and reporting. It helps optimize business efficiency and accountability to various stakeholders.
Created by Homepal
9/1/2023
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