What is 'location' in SAP RE - Real Estate Management?

location - Overview

• Component: RE

• Component Name: Real Estate Management

• Description: An indicator for the town or district in which the business entity is situated. It is a freely definable sorting indicator.

location - Details

• 
  Key Concepts: 
  Location in SAP RE is a physical address or area that is used to identify a property or a unit. It is used to store information about the location, such as the address, city, state, and country. It also stores information about the size of the property or unit, such as the number of rooms, square footage, and other details. 
  
  How to use it: 
  In SAP RE, locations are used to store information about properties and units. To create a new location, go to the “Locations” tab in the SAP RE application and click “Create”. Enter the address, city, state, and country of the location. Then enter any additional information about the size of the property or unit. Once all of the information is entered, click “Save” to create the location. 
  
  Tips & Tricks: 
  When creating a new location in SAP RE, make sure to enter all of the necessary information accurately. This will ensure that all of the data associated with that location is accurate and up-to-date. Additionally, make sure to double-check any information that is entered before saving it. 
  
  Related Information: 
  For more information on locations in SAP RE, refer to the official SAP documentation here: https://help.sap.com/viewer/product/REAL_ESTATE_MANAGEMENT/100/en-US