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Overview

What's Typical

Breaks

Options negotiable

Escalation

Rent review every 5 years, upward or downward

Fit-out

Tenant usually pays

Free rent

Negotiable. Can be 6 months on a 10-year lease

Renewals

Statutory right, can be waived

Rent basis

Net

Right to sublet

Common

Security

None for strong tenants but a parent guarantee is a common requirement

Tenant broker

Tenant pays

Transparency

High

Term

Typically 10–15 years minimum

Offices

Dublin +353 1 618 5500