Core TSIs : Rentable Units : About Rentable Units
About Rentable Units
The Rentable Units TSI enables you to register and manage rentable units.
A property can consist of one or more rentable units. A rentable unit is (a part of) a property that can be leased or subleased as an entity. Rentable units provide you with a clear overview of a building's occupancy and expected vacancies.
Rentable units can be linked to a lease contract. This can be useful because of the time-based connection between lease contracts and rentable units. Through rentable units, you can check if all spaces in your portfolio have an active lease contract. In addition, you can check which rentable units will become vacant, based on the expected expiry dates of lease contracts.
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For more information on (lease) contracts, see Contracts and Lease Accounting.