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Overview

What's Typical

Term

3-5 years

Breaks

Tenant, and only the tenant, has the option to terminate the lease early

Renewal

Negotiable

Rent basis

Triple Net

Free rent

0–2 months typical

Escalation

Rent reviews as agreed

Security

2 months for most tenants

Fit-out

Tenant pays

Tenant's broker

Tenant pays

Right to sublet

Rare

Transparency

Limited

Ownership

Condominium ownership common

Offices

Buenos Aires +54 11 4590 5700