Real Estate Portfolio Management / Portfolio Forecasting

Area Fields for Portfolio Forecasting

The Portfolio Forecasting application enables you to use area based on your CAD inventory if one exist, or to enter a manual area if needed. The following information describes the floor and group areas you can work with.

Floor Manual Area or Floor Usable Area

The Portfolio Forecasting process uses two areas for floors.

The Floor Usable Area is computed from data that originates in CAD as part of developing the Space Inventory. It identifies the area of a floor that is directly available for occupancy. It excludes vertical penetration spaces such as stairs and elevators, and also service spaces such as lobbies, toilets, and building electrical, mechanical, and telecom closets.
The Floor Manual Area provides a field for manually entering the usable area of a floor if this measure is not available from the Space Inventory.

It is essential to identify either the Floor Usable (from CAD) or the Floor Manual Area for the following reasons:

These areas are the basis for calculating the area of a group based on the % of Floor field.
These areas are the basis for computing the Available space on a floor when rendering the Stack Chart.
These areas are the basis for computing the Floor Available Area when rendering the Space Gap Analysis Chart.

Note: If the Usable Area is available and computed from the Space Inventory, the system will not use the Manual Area. If the floor’s Usable Area is 0, the system will always use the floor’s Manual Area.

To enter the Manual Area of a floor, go to the Select Floor tab of the Portfolio Forecast Wizard and click either the Edit button to edit an existing floor, or the Add Floor button to add a new floor. See Select Floor Tab.

Group Manual Area or Group CAD Area

The Group Manual Area is the area of a group that is created in the Portfolio Forecast Wizard and not in CAD.

To enter the area you can:

Directly enter it in the Manual Area field of the Add or Edit Group form in the Allocate Groups tab of the Portfolio Forecast Wizard.
Specify the % of Floor field when Editing a Group or Splitting a Floor.When you do this, the program computes the Group Manual Area based on the Floor Area.
Specify the number of employees in the group and let the program calculate the Manual Area based on a set average area per employee stored in the ab-alloc-list-group.axvw file.

See Allocate Groups Tab.

The Group CAD Area is the area of a group that is created in AutoCAD.

For more detail about entering groups in CAD and integrating them with Portfolio Forecasting see Starting in CAD.

Note: If you have a CAD Area for a group from your inventory, then the Manual Area for the group should be 0. For this reason, the % of Floor and the Apply Headcount action buttons are not available if you have a CAD area for the group. These buttons are used to calculate the Manual Area.