Feb 27, 2008 07:36
16 yrs ago
1 viewer *
German term
1b-Lage
German to English
Bus/Financial
Real Estate
This term comes up in an interview with a financial investor, and I have spent ages trying to find the American equivalent, using all sorts of variations in Google to no avail - very frustrating! A reference to a good bi-lingual real estate glossary would also be appreciated.
Context:
"Wie auch andere Investoren glauben wir aber, dass gute 1a, *1b-Lagen* eine gewisse Unterbewertung derzeit haben."
1a-Lage is "prime location", which is a term most Americans have heard at some point in their lives, but not *1b-Lage*!
I have only found Class A, Class B, etc. in US terminology, but that classification refers to the building itself, not to the location, as far as I can tell. "Secondary" would be the logical progression, but apparently is not used in this connection.
TIA for your help.
Context:
"Wie auch andere Investoren glauben wir aber, dass gute 1a, *1b-Lagen* eine gewisse Unterbewertung derzeit haben."
1a-Lage is "prime location", which is a term most Americans have heard at some point in their lives, but not *1b-Lage*!
I have only found Class A, Class B, etc. in US terminology, but that classification refers to the building itself, not to the location, as far as I can tell. "Secondary" would be the logical progression, but apparently is not used in this connection.
TIA for your help.
Proposed translations
(English)
| 3 +3 | 1b location (plus explanation in brackets) |
Edith Kelly
|
| 2 | sub prime location |
Jonathan MacKerron
|
Proposed translations
+3
9 mins
Edith Kelly
Switzerland
Switzerland
Native in German
&
English
Works in field
Switzerland
Professional conference interpreter
Native in: German 
, English
Works in: German to English, English to German, Dutch to German, and 4 more.
Related KudoZ points
:
113
Selected
1b location (plus explanation in brackets)
for explanation, see
Dateiformat: PDF/Adobe Acrobat - HTML-Version
Explanation of 1a, 1b location: rents for busi-. ness offices: assessment based on numbers. of passers-by, position etc. Betrieb / Company. Branche ...
www.wirtschaft.graz.at/cms/dokumente/10017688_285292/7b9255... - Ähnliche Seiten
Dateiformat: PDF/Adobe Acrobat - HTML-Version
Explanation of 1a, 1b location: rents for busi-. ness offices: assessment based on numbers. of passers-by, position etc. Betrieb / Company. Branche ...
www.wirtschaft.graz.at/cms/dokumente/10017688_285292/7b9255... - Ähnliche Seiten
Peer comment(s):
| agree |
Teresa Reinhardt
: yep, maybe with "so-called" 1b location
10 mins
|
| agree |
DC Josephs
: yes, with something like "(second-highest location class)"
1 hr
|
| agree |
Dr.G.MD (X)
6 hrs
|
4 KudoZ points awarded for this answer.
Comment: "Thanks for your helpful answers. While I'm still not 100% convinced that this is the correct term, at least it conveys the sense well enough to be clear to the reader what is meant."
50 mins
Jonathan MacKerron
Native in English
Retired as of Jan 2019!
Native in: English
Works in: German to English, French to English
Related KudoZ points
:
67
sub prime location
or is this too negative in its connotations?
--------------------------------------------------
Note added at 1 hr (2008-02-27 08:47:10 GMT)
--------------------------------------------------
second-tier location
--------------------------------------------------
Note added at 1 hr (2008-02-27 08:47:10 GMT)
--------------------------------------------------
second-tier location
Peer comment(s):
| neutral |
Steffen Walter
: I wouldn't use this, given the recent sub-prime lending crisis.
21 mins
|
| neutral |
DC Josephs
: I have to agree w/ Steffen; plus I don't think 1b is quite as negative as all that.
27 mins
|
Discussion