These KPIs are crucial for assessing the financial, operational, and market performance of real estate and construction activities.
1. Absorption Rate: The rate at which available real estate properties are sold or leased in a specific market during a given time period.
2. Average Construction Time: The average time it takes to complete a construction project from start to finish.
3. Average Revenue per Lease: The average revenue generated per lease agreement.
4. Average Time to Lease: The average amount of time it takes to lease a property.
5. Bids per Project: The number of bids or proposals received for a construction project.
6. Building Efficiency Ratio: The efficiency of space utilization in a building, often measured by the ratio of usable space to total space.
7. Capitalization Rate (Cap Rate): The rate of return on a real estate investment, calculated as the ratio of the property's net operating income to its current market value.
8. Change Orders as a Percentage of Construction Cost: The percentage of change orders relative to the total construction cost.
9. Change Orders as a Percentage of Contract Value: The percentage of change orders relative to the total contract value.
10. Construction Cost Per Square Foot: The cost of construction per square foot of built space.
11. Construction Rework Costs: The costs associated with correcting or redoing construction work.
12. Cost Variance (CV): The difference between the actual construction cost and the budgeted or estimated cost.
13. Days Sales Outstanding (DSO): The average number of days it takes to collect payment from customers after a property is sold or leased.
14. Debt Service Coverage Ratio (DSCR): The ratio of a property's net operating income to its debt obligations, used to assess its ability to cover debt payments.
15. Energy Consumption per Square Foot: The amount of energy consumed per square foot of building space.
16. Gross Rent Multiplier (GRM): A measure used in real estate to evaluate the potential profitability of an investment, calculated as the ratio of the property's sale price to its gross rental income.
17. Land to Development Cost Ratio: The ratio of the cost of land to the total cost of developing a property.
18. Lease Commencement Rate: The rate at which leased properties have tenants move in.
19. Lease Expiry Profile: An overview of lease expiration dates for a portfolio of properties.
20. Lease Renewal Rate: The percentage of leases that are renewed upon expiration.
21. Leasing Spread: The difference between the rent received from new leases and the rent from expiring leases, expressed as a percentage of the expiring rent.
22. Loan-to-Value (LTV) Ratio: The ratio of a property's loan amount to its appraised value.
23. Maintenance Costs as a Percentage of Revenue: The percentage of revenue spent on property maintenance.
24. Net Present Value (NPV) of Property Developments: The present value of expected cash flows from a property development project, taking into account the time value of money.
25. Percentage of Green Buildings: The percentage of properties that meet certain environmental or sustainability standards.
26. Percentage of Pre-leased Units: The percentage of units in a property that are leased before completion.
27. Percentage of Project Completion: The percentage of a construction project that has been completed.
28. Percentage of Rent Collections: The percentage of rent payments collected compared to the total rent due.
29. Percentage of Rented vs. Owned Assets: The percentage of assets in a real estate portfolio that are rented compared to those that are owned.
30. Percentage of Revenue from Property Management Services: The percentage of total revenue generated from property management services.
31. Percentage of Sustainable Materials Used: The percentage of construction materials in a project that are considered sustainable or environmentally friendly.
32. Profitability Index (PI): A ratio used to assess the desirability of an investment, calculated as the ratio of the present value of expected cash inflows to the present value of expected cash outflows.
33. Project Slippage: The delay or extension of a construction project beyond its initially planned completion date.
34. Property Operating Income: The income generated from the operation of a property, excluding financing and capital costs.
35. Property Turnover Rate: The rate at which properties are sold or otherwise change ownership.
36. Quality Control Fail Rate: The percentage of construction work that fails quality control assessments.
37. Rate of Return on Investment in Real Estate (ROI): The percentage return on investment in real estate, considering the profit relative to the initial investment.
38. Ratio of Commercial to Residential Properties: The proportion of commercial properties to residential properties in a real estate portfolio.
39. Rent Growth Rate: The percentage increase in rent prices over a specific period.
40. Rent vs. Local Median: A comparison of property rents to the median rent in the local market.
41. Residential or Commercial Units Sold: The number of residential or commercial units sold over a specific period.
42. Retention Cost per Tenant: The cost associated with retaining tenants, often calculated on a per-tenant basis.
43. Revenue per Available Room (RevPAR): A performance metric used in the hotel industry, calculated as the product of the average room rate and the occupancy rate.
44. Sales per Square Foot: The revenue generated per square foot of sales space.
45. Square Footage Under Management: The total square footage of properties managed.
46. Tenant Acquisition Cost: The cost associated with acquiring new tenants.
47. Tenant Retention Rate: The percentage of tenants retained over a specific period.
48. Total Construction Cost Variance: The difference between the actual total construction cost and the budgeted or estimated cost.
49. Total Revenue Backlog: The total revenue expected from contracted projects yet to be completed.
50. Vacancy Duration: The average duration that a property remains vacant between tenants.
51. Vacancy Rate: The percentage of vacant properties in a portfolio or market.
52. Work-in-Progress (WIP) to Billings Ratio: The ratio of work-in-progress to billings in construction projects
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