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What is the difference between a project and a unit?

A unit is the property, a project is the group.

A unit is a single property you manage or rent out, such as a house, store, office or parking space. A project is a group of units.

The difference

UnitProject
What is it?One propertyA group of units, for example a shopping center
Characteristics, values, energy labelYes, per unitNo
Rental contractYesNo, the rental contract belongs to the unit

Example: Shopping Center A is the project, the individual stores are the units.

Why use a project?

By linking units to a project, you can retrieve them all at once in many places in OWNER, for example in lists and insights. You do enter an appraisal per unit, not per project.

Tip: Renting out one building to multiple tenants? Create a unit for each separately rentable space and group them in a project.

Read more: Units and Values.

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