Asked by Ms. Michele Lee
I'd like to understand what GTO means.
40630 views
1 Answer
Hi Michele,
If you're referring to commercial rental, GTO is the abbreviation for Gross Turnover. This is usually applicable for retail rental where there is a base rent e.g. $10K + 1% of GTO.
Best regards,
Jeron Lee
Mobile/WhatsApp: +65-9001-5060
Email: jeronlee@gmail.com
PropNex Powerful Negotiators Read More
If you're referring to commercial rental, GTO is the abbreviation for Gross Turnover. This is usually applicable for retail rental where there is a base rent e.g. $10K + 1% of GTO.
Best regards,
Jeron Lee
Mobile/WhatsApp: +65-9001-5060
Email: jeronlee@gmail.com
PropNex Powerful Negotiators Read More
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