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Overview

What's Typical

Break

Normally after 3rd and 6th years

Escalation

Indexed annually

Fit-out

Tenant usually pays but incentives (including free rent period and contribution to fit-out works) are granted by landlords depending on market conditions

Free Rent

Average 22% of the headline rent in Paris region

Laws

Governed by French commercial code

Other Laws

Tenant provides candidature package

Renewal

Statutory right at end of 9th year

Rent basis

Net

Right to sublet

Rare due to restrictive conditions

Security

Typically 3 months or more

Tenant broker

Tenant pays

Transaparency

High level of transparency (some values may be kept confidential)

Term

3/6/9 lease, minimum of 9 years

Offices

Affiliate Offices:

Aix-en-Provence +33 4 42 60 01 31

Annecy, Avignon, Belfort, Besançon

Bordeaux +33 5 56 90 52 30

Bourgoin-Jallieu, Brest, Caen, Chambery,

Clermont-Ferrand, Colmar, Dijon, Grenoble,

Le Havre, Metz, Montpellier,

Lille +33 3 20 21 88 50

Limoges, Mulhouse, Nancy, Nantes

Lyon +33 4 72 83 48 48

Marseille +33 4 96 11 46 11

Montreuil, Montrouge, Saint-Denis,

Nice/Sophia-Antipolis, Nîmes, Reims, Rennes,

Other Offices in Paris Region:

Paris (Headquarters) +33 1 53 64 00 00

Paris (rue Guersant), Bagnolet,

Rouen, Strasbourg, Tours, Valence, Vannes

Toulouse +33 5 62 72 44 60