Land
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Land is a special kind of asset that determines how many facilities you can build. Each land you own will allow you to build one facility. The price of land goes up the more land you already have. You can buy land the same way you buy other assets, but land cannot be sold.
Starting Land
Corporations will start with 10 land in the first region that an IdleCorp command is issued in. When a corporation undergoes reincorporation, the 10 free starting land will be given in the region that the reincorporation command was issued in.
Land formula
Land price is approximately 600*[1.1^(current land total-10)]. The approximation gets worse and worse, but about a 50% error for 100 lands when a gap of 5 fills it isn't half-bad.