record market yield

English translation: record earnings/profits for the market sector in question (property investment/rentals)

13:14 May 2, 2005

English language (monolingual) [PRO]
Bus/Financial - Real Estate

English term or phrase: record market yield

Prime freehold office building located in the heart of Mayfair. It is occupied under a long lease as the new headquarter building of a single blue-chip tenant. Prime location and strong rents, good for future growth prospects.

Economic performance
Purchase price: £12.1 million
Income Return 4.5% (pre-rent review)
Estimated 10-year IRR: 11%
Sold 2004 IRR: 16%, record market yield

The question: Could you please put the above phrase in simpler way, so that I can get the right meaning and translate it into Arabic?

Thank you in advance

Waleed Mohamed KudoZ activity Questions: 476 (5 open) (2 without valid answers) (16 closed without grading) Answers: 576 United Arab Emirates
Local time: 01:33

Selected answer:record earnings/profits for the market sector in question (property investment/rentals)

Explanation:
..

Selected response from:

Deborah do Carmo
Portugal
Local time: 22:33

Grading comment

Thank you all!
4 KudoZ points were awarded for this answer

SUMMARY OF ALL EXPLANATIONS PROVIDED

4 +6

record earnings/profits for the market sector in question (property investment/rentals)

Deborah do Carmo

3 +1

fetched higher price than any comparable real estate

Balasubramaniam L.

Answers

2 mins confidence:

peer agreement (net): +6

record earnings/profits for the market sector in question (property investment/rentals)

Explanation:
..

Deborah do Carmo
Portugal
Local time: 22:33
Native speaker of: English
PRO pts in category: 4

Grading comment

Thank you all!

1 hr confidence:

peer agreement (net): +1

fetched higher price than any comparable real estate

Explanation:
record market yield could mean that the price that this property fetched was the highest for comparable properties in the area.

Balasubramaniam L.
India
Local time: 03:03
Works in field
Native speaker of:

Hindi

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record market yield

English translation: record earnings/profits for the market sector in question (property investment/rentals)

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