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Understand the logic behind the key metrics

Metric Description Data source Calculation 
GLA Gross lettable area Property > Building > Building GLA Sum of property's gross lettable areas. Measured in m2
GRI Gross rental income Property > Commercial info > GRI Sum of property's gross rental income. Measured in currency.
Income level Rental income per square meter Property > GRI, Net floor area Division of property's gross rental income by property's Net floor area. Measured in currency/m2
Costs Total operating expenses Property > Commercial info > Operating expenses Sum of property's operating expenses. Measured in currency. 
Cost level Total operating expenses per square meter Property > Operating expenses, Net floor area Division of property's operating expenses by property's Net floor area. Measured in currency/m2
NOI Net operating income Property > Commercial info Subtract costs from gross rental income. Measured in currency.
Value Market value Property > Asset valuation > Market value Sum of property's most recent market values. Measured in currency. 
Change in value Increase/Decrease percentage of market value Property > Asset valuation > Market value  Division of the change of property market value during selected time period by the market value at the beginning of the period. Measure by %.
Yield Annual return rate Property > Commercial info, Market value Division of property NOI by market value. Measured in %.
Maturity Average time when all leases will expire Lease > Rent, first notice date, end date, notice period

Weighted average of lease lengths with respect to rental income. Measured in month.

The length of a fixed term lease is the number of months between selected time and lease end date. The length of an until further notice term lease is its notification period.

Total return Total return rate  Property > Commercial info, Market value Sum of yield and capital gain. Capital gain is calculated as the increase/decrease percentage of property market value. Measured in %.
Acquisition price Property acquired value Property > Asset valuation > Acquisition price Sum of property's acquisition price. Measured in currency. 
Vacancy rate Percentage of vacant area

Property > GLA, Unit > Unit area, Lease

Division of vacant unit area by property's GLA. Measured in %.
Occupancy rate Percentage of leased area  Property > GLA, Unit > Unit area, Lease Division of leased unit area by property's GLA. Measured in %.
Rental level Average rent per square meter Unit > Unit area, Lease > Rent Division of lease's monthly rent by leased area. Measured in currency/m
Vacancy amount Income vacant area could have generated Property > GLA, Unit > Unit area, Lease > Rent Multiply vacant unit area and rental level. Measured in currency.
Lease off day Number of days unit is vacant Lease > End date Average number of days units are vacant. Measured in day. 
Tenant turnover Percentage of tenants who should be replaced Unit, Lease > End date Division of number of ending leases by number of units. Measured in %.
Cumulative OPEX Annual total OPEX Property > OPEX  Sum of property monthly OPEX in a year. Measured in currency.
Actual OPEX Total OPEX of selected time Property > OPEX Sum of property monthly OPEX for selected time period. Measured in currency.
OPEX level Monthly OPEX per square meter Property > OPEX Division of monthly OPEX by property's Net floor area. Measured in currency/m
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