What is floor area in SAP RE-RER - Real Estate Residential Solution?

SAP Term: floor area

• Component: RE-RER

• Component Name: Real Estate Residential Solution

• Description: The area used by a building or a part of a building. Floor area is determined by factors such as the external walls, internal walls, corridors, lift shafts, stairs, and so on.

Smart SAP Assistant

• Key Concepts: 
  Floor area is a term used in the RE-RER Real Estate Residential Solution component of SAP. It is a measure of the total area of a floor in a building, including the walls and any other permanent structures. It is typically measured in square meters or square feet. 
  
  How to use it: 
  In SAP, floor area is used to calculate the total area of a floor in a building. This information can be used to calculate the total rentable area of a building, as well as to determine the size of individual units. It can also be used to calculate the total cost of construction for a building. 
  
  Tips & Tricks: 
  When calculating floor area in SAP, it is important to ensure that all measurements are accurate and up-to-date. This will ensure that calculations are accurate and that any changes to the building are reflected in the calculations. 
  
  Related Information: 
  Floor area is related to other measurements such as gross floor area, net floor area, and usable floor area. Gross floor area includes all areas within the building, including walls and other permanent structures. Net floor area excludes any areas not intended for use by tenants, such as stairwells and elevators. Usable floor area is the total area available for use by tenants, excluding any common areas or shared spaces.