What is neighborhood in SAP RE-FX - Flexible Real Estate Management?

SAP Term: neighborhood

• Component: RE-FX

• Component Name: Flexible Real Estate Management

• Description: A local name for one or more areas in a city or town. You can enter a neighborhood in the following real estate objects: Business entity Rental object Real estate search request

Smart SAP Assistant

• Key Concepts: 
  Neighborhood is a term used in SAP RE-FX Flexible Real Estate Management to refer to a group of properties that are located in the same area. It is used to help organize and manage properties in a particular region. The neighborhood feature allows users to quickly identify and access properties that are located in the same area. 
  
  How to use it: 
  In SAP RE-FX Flexible Real Estate Management, users can create neighborhoods by assigning properties to them. This can be done by selecting the properties that should be included in the neighborhood and then assigning them to the neighborhood. Once the properties have been assigned, users can view all of the properties in the neighborhood and access information about them. 
  
  Tips & Tricks: 
  When creating neighborhoods, it is important to consider how they will be used. For example, if a user wants to quickly access all of the properties in a particular area, they should create a neighborhood that includes all of those properties. This will make it easier for users to find and access the information they need. 
  
  Related Information: 
  SAP RE-FX Flexible Real Estate Management also includes other features such as property groups and portfolios that can be used to organize and manage properties. These features can be used in conjunction with neighborhoods to help users quickly access and manage their real estate portfolio.