The amount of space leased or sold in a market over a period.
Related terms
- Time series
A sequence of data points recorded over time, such as monthly prices or quarterly absorption; the basis for trend, seasonality, and cycle analysis.
- Transacted price
The price at which a deal actually closes; the benchmark analysts seek but often cannot observe.
- Triangulation
Confirming a finding with multiple independent sources to compensate for weak data.
- Absorption
The rate at which available units are sold or leased over a period; central to phasing and pricing.
- Absorption rate
The pace at which available units are sold or leased over a period; it drives phasing decisions and reveals whether a pipeline is oversupplying a submarket.
- Asking price
The advertised price of a property, which in many markets differs materially from the transacted price.
- Benchmarking
Comparing an asset or scheme against a defined set of competitors on price, quality, and terms.
- Catchment
The geographic area from which a retail or service asset draws its customers.