What is pooled space in SAP RE - Real Estate Management?

SAP Term: pooled space

• Component: RE

• Component Name: Real Estate Management

• Description: An amount of space that can be used flexibly as the situation demands. Pooled spaces can be rented either as a whole or in parts rental object type: rental space. When a rental space is leased out from a pooled space, the size of the pooled space is reduced by the size of the rental space. When the rental space is returned to the pool when the contract ends, the available size of the pooled space is increased accordingly.

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• Key Concepts: 
  Pooled space is a feature of SAP Real Estate Management (RE) that allows users to manage and track the use of shared spaces. It enables users to assign and manage shared spaces, such as conference rooms, meeting rooms, and other common areas, to multiple tenants. Pooled space also allows users to track the usage of these shared spaces and generate reports on the usage. 
  
  How to use it: 
  To use pooled space in SAP RE, users must first create a pooled space master record. This record contains information about the shared space, such as its size, location, and any restrictions or rules associated with it. Once the master record is created, users can assign the pooled space to tenants and track its usage. 
  
  Tips & Tricks: 
  When creating a pooled space master record, it is important to include as much information as possible. This will help ensure that users have all the necessary information when assigning and managing the pooled space. Additionally, it is important to keep track of any changes or updates to the pooled space master record in order to ensure accuracy in reporting. 
  
  Related Information: 
  For more information on pooled space in SAP RE, please refer to the official SAP documentation here: https://help.sap.com/viewer/product/REAL_ESTATE_MANAGEMENT/100/en-US