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Overview

What's Typical

Break

Options at 3rd and 6th years of lease

Escalation

Annual Health Index

Fit-out

Tenant usually pays

Free rent

1.5 month/fixed year typical

Registration

Tenants register for protection. Leases longer than 9 years must be enacted before a notary public.

Renewal

Most leases waive renewal rights

Rent basis

Net

Right to sublet

Common

Security

6 months bank guarantee typical

Service charges

By law, service charges may not exceed actual costs

Tenant broker

Tenant pays

Transparency

High

Term

3/6/9 lease typical

Offices

Antwerp +32 3 248 68 60

Brussels +32 2 643 33 33