Commercial Estates

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Lease Vs Buy
Many businesses reach a point in which they are curious as to whether it would be beneficial for them to purchase a building rather than continue to lease space. While every business is different there are a few common factors that should be taken into consideration when evaluating whether buying a building space would be better than continuing to lease space. We will take a look at some of the pros and cons to purchasing compared to continuing to lease space.

The Next Step While the evaluation of the leasing vs. buying space decision seems somewhat overwhelming, there is help.  Getting advice and assistance from a commercial real estate professional who is involved in the business day in and day out can significantly improve not only the accuracy of any analysis, but in general simplify the process.  Many of the lease vs. buy factors can only be decided by you, but having a helping hand in the areas where space expertise is important will assure you of making the best possible decision.

They were taxed heavy during past hurricane seasons with losses amounting to billions in terms to property damage. This year, even with the 2008 hurricane season forecast still very well unknown, they breathe a sigh of releif for the past three years has been good to them with not much of the monster storms that damaged most of their properties in the Florioda area. They are hoping again for good conditions this year as they start to recover from their problems. They just hoep they get away with it again for another year of profits to aloow them to recover fully from the huge amounts of cash they lost due to storm damage.

Established in 1989, the Commercial Estates Group or CEG has gained a huge amount of skills and knowledge in commercial estates. Commercial Estates Group makes use of investment, developments, management and financial skills to provide value to different property assets across the Unite Kingdom. Along with its entities, the Commercial Estates Group has been very active in the residential, retail, office and industrial sectors. CEG is led by a group of Directors that are subdivided in different fields such as development, construction, finance and investment. CEG is continuously and rapidly growing its business to continue its valuable growth through investments on new property acquisitions and existing projects.

The Costa Verde Residential and Commercial Estates is located just across the Philippine�s prime industrial melting pot which is the Cavite Export Processing Zone (CEPZ). This commercial estate provides a convenient way of living among others. The presence of global and international companies in the CEPZ presents and opportunity for a self sustaining community for Costa Verde where everything including means of living is within your reach.

This development is seen as the future centerpoint in Rosario, Cavite. The infusion of commercial conveniences is highlighted by the integration of a fully functional commercial complex. Costa Verde seems fit in this highly industrialized and commercialized location where there is an abundance of offices, banks, retail shops, entertainment clusters and restaurants all catering to various populations of customers.

A four storey commercial building with a penthouse that is situated in the heart of the commercial district of the City of Manila, this building has a total floor area of 2,513.402 square meters that can cater to various business activities. The general features of the property include an air-conditioning system on every floor, underground water tank as a reserved water facility and a telephone system that uses Alcatel 4200 system.

The floor finishing is made of a combination of marble, plain cement, granite, vinyl, tiles and wood with floor carpeting. The penthouse has a chapel and the building is equipped with a backup generator and an elevator system.

An innovative, outstanding and appealing living experience is what is promised by the Beta Commercial Tower, which is a commercial complex located in Vasudhara, projected to house showrooms, entertainment zones and top quality offices. The commercial tower is has a central air conditioning for the benefit of the various corporate and retail office space tenants that will be arranged in a way that they will remain visible from all corners of the facility.

The tower offers metro connectivity, magnificent atrium and capsule lifts and elevators. It is based on an excellent design accentuated by beautiful landscaping. Beta Commercial Tower aims to cater to a cross-section of people from diverse interest groups and age.

Every incorporated city practically implements a system of zoning in order to regulate the use of properties that exists within its territorial jurisdiction. Prior to the issuance of permits, the city government must first establish whether the location is being used as it is zoned. Therefore, before securing permission to build profit making business like an office complex, the chosen area must be classified as a commercial property. City maps clearly define the boundaries that exist between industrial, commercial and residential properties. If a portion of the proposed construction falls in a zone that is specified for the purpose other than its intended use, the proponents must first secure a permit which would allow them to commence construction despite crossing over to another zone boundary.

It is a common practice to donate commercial estates to the Church or other institutions connected to it. This practice is usually done when a certain commercial estate has already received a significant return on your investment and is now depreciating. The property may now be experiencing some undesirable conditions like consuming management, increased maintenance cost and higher tax payments if sold.

By donating the commercial estate to the Church, there are some benefits that is accorded the owner like:
1. No more management responsibility
2. Non-payment of Capital Gains Tax
3. Reduced Estate Tax
4. Income Tax deduction
5. Fulfillment of Social Responsibility and Personal Fulfillment