Is OPEX different from outgoings?

[fudosan]

In some ads the word OPEX is used. I did a Google search but could not find out how distinctively it is different from the term "outgoings". In the book "Commercial Real Estate", only the term "outgoings" is used. Is there any subtle difference?

[Roberto9]

my understanding is that opex is an abbreviation for operating expenses and is generally interchangable with outgoings.
Either way it is important to find out exactly what is being included,or not as the case may be.

[spurner]

Stating OPEX often means that the outgoings can be apportioned to the tenants (the tenants will repay you for the buildings outgoings relevant to the floor area they lease). The term outgoings seems to imply that you pay these yourself as the building owner, and don't specifically recover them from the tenant. There are no rules though.

[Davo36]

They're the same in my mind. Opex just being short for opertating expenses, so saves money on the advertising copy.

David

[fudosan]

Thanks for the various comments. I notice agents use both terms interchangeably. Many tell me the rates and body coorporate fee.

What I really want to know is: when a retail unit becomes vacant, what does the landlord need to cover, apart from rates and body corporate fee? This info will allow me to set aside fund for this purpose.

[Re@der]

In business terms there are two types of spending Opex and capex
Operating expenses and capital expenses. Broadly speaking in our terms normal immediately tax deductible expenses or those that have to be depreciated.

[studio1]

Thanks for the various comments. I notice agents use both terms interchangeably. Many tell me the rates and body coorporate fee.

What I really want to know is: when a retail unit becomes vacant, what does the landlord need to cover, apart from rates and body corporate fee? This info will allow me to set aside fund for this purpose.

probably any services that are connected and insurance