globe retail outlook data

 

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Overview

What's Typical

Break

To be negatiated

Escalation

Indexed annually, usually with 2–3% minimum or NPI

Fit-out

Landlord pays for standard fit-out

Free rent

1-9 months

Language

Most leases use standard language

Measurement

Strict rules for measuring space

Renewals

Rolling contract after the non-termination period

Rent basis

Net

Right to sublet

Usually allowed

Security

6 months bank guarantee is common

Tenant broker

Tenant pays

Transparency

Limited

Term

Indefinite

Offices

Aarhus +45 7022 9602

Copenhagen +45 7022 9601

Reports

Contact Us

Dragana Marina Head of Research +45 3525 5142 | dragana.marina@cbre.com

Karina Moll Ravn Head of Client Solutions +45 3114 7400 | karina.moll.ravn@cbre.com