Sales completion

Sales completion

In the context of project financing, the state in which the project has reached physical completion and has delivered product or generated revenues in satisfaction of a sales completion test.

Sales Completion

In project finance, the time at which a project has been finished, functions, and has generated the expected revenue. Sales completion applies especially to construction and other infrastructure projects. For example, an oil company may build a series of oil pumps. The time of sales completion occurs not when the oil pumps are completed and are working, but when they have pumped enough oil to meet revenue expectations. Another example is a new apartment building that has collected enough rent to meet expectations for the owner(s). See also: Physical completion.
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The building was bought by the company in May 2014, and there were still tenants in place right up to the sales completion date.
Hitmi Ali Khalifa Al Hitmi, Chairman of Barwa Real Estate Company, today signed a sales completion agreement for the Barwa Financial District.
sales completion agreement for the acquisition of QR11 billion Barwa Financial District project with Barwa Real Estate Company.
A/B Split testing evaluates the impact of a Web page, email, letter or other promotional material by creating two or more alternatives of a specific message or product to determine which is more successful in maximizing conversion, click through, sales completion or other measurable objectives.
Currently on offer for sales completion in June are a four- bedroom Henley priced at pounds 197,000 and four-bedroom Budworth priced at pounds 205,000, both with the added bonus of a choice of fitted carpets, stamp duty or legal fees paid.
e company has seen sales completions and average selling prices rise as the UK's housing market has entered a period of better health over the past 12 months.
A great asset to the team, Danielle has a good track record in sales completions and, together with the rest of the team at Blacks Estate Agents, Danielle knows that being a sales negotiator takes a lot of hard work, dedication and passion.
Barratt is bringing more of its recently acquired higher margin land into production and expects this to contribute more than a third of this financial year's sales completions.
The group reported a 4% rise in average selling prices to pounds 160,700 over last year as sales completions rose by 5%.
The company followed on from the likes of George Wimpey and Persimmon when it reported higher sales completions and a healthy order book.
The company yesterday followed on from the likes of George Wimpey and Persimmon when it reported higher sales completions and a healthy order book.
The company said sales completions for the financial year ended June 30, 2006, were up 8% to 4,735, helped by a 9% gain for its core Signature range.