Types of Commercial Property
Commercial real estate is commonly divided into six categories:
Category | Examples |
---|---|
Leisure | hotels, public houses, restaurants, cafes, sports facilities |
Retail | retail stores, shopping malls, shops |
Office | office buildings, serviced offices |
Industrial | industrial property, office/warehouses, garages, distribution centers |
Healthcare | medical centres, hospitals, nursing homes |
Multifamily (apartments) | multifamily housing buildings |
Of these, only the first five are classified as being commercial buildings. Residential income property may also signify multifamily apartments.
Read more about this topic: Commercial Property
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