What is comparative group of apartments in SAP RE - Real Estate Management?

SAP Term: comparative group of apartments

• Component: RE

• Component Name: Real Estate Management

• Description: A group of comparative apartments that is used as the basis for rent adjustments.

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• Key Concepts: 
  Comparative group of apartments is a feature in SAP Real Estate Management (RE-FX) that allows users to compare the performance of different apartments in a portfolio. This feature allows users to analyze the performance of each apartment in terms of rental income, occupancy rate, and other metrics. The comparative group of apartments feature also allows users to compare the performance of different apartments over time. 
  
  How to use it: 
  To use the comparative group of apartments feature, users must first create a portfolio in RE-FX. Once the portfolio is created, users can add apartments to the portfolio and assign them to a comparative group. The comparative group can then be used to compare the performance of different apartments in the portfolio. 
  
  Tips & Tricks: 
  When creating a comparative group, it is important to ensure that all apartments in the group are similar in terms of size, location, and other factors. This will ensure that the comparison is accurate and meaningful. Additionally, it is important to regularly review the performance of each apartment in the comparative group to ensure that it is performing as expected. 
  
  Related Information: 
  For more information on using the comparative group of apartments feature in SAP Real Estate Management (RE-FX), please refer to SAP Help documentation or contact your local SAP representative.