What is building value in SAP RE - Real Estate Management?

SAP Term: building value

• Component: RE

• Component Name: Real Estate Management

• Description: The construction value of the building, the exterior and special operating equipment of a land, by taking into account the technical and commercial depreciation.

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• Key Concepts: 
  Building value is a term used in SAP Real Estate Management (RE) to refer to the value of a building or property. It is calculated based on the current market value of the building, its potential for future growth, and any other factors that may affect its value. 
  
  How to use it: 
  In SAP RE, building value is used to determine the current market value of a building or property. This information can then be used to make decisions about investments, renovations, and other activities related to the building. 
  
  Tips & Tricks: 
  When calculating building value, it is important to consider all factors that may affect the value of the building. This includes location, condition of the building, potential for future growth, and any other factors that may influence its value. 
  
  Related Information: 
  For more information on building value in SAP RE, please refer to the SAP Help Portal or contact your local SAP representative.