globe retail outlook data

 

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Overview

What's Typical

Breaks

Options negotiable, however always followed by penalties

Escalation

Annual rental uplift typically as 100% of CPI  

Fit-out

Standard fit-out usually included in rent

Free rent

Negotiable and when adopted typically range between 3 and 12 months

Renewals

Negotiable

Rent basis

Net

Right to sublet

Common

Security

6–12 months rent, plus service charges and VAT

Tenant broker

Landlord can finance a fee or tenant pays directly

Transparency

Low. Tenant names and location, deal terms often unavailable

Term

5 years typical; 10 years in new buildings

Offices

Oslo +47 40 00 57 66

Reports

Contact Us

Anne G. Kolstad Skogheim Senior Director, Advisory & Transaction Services +47 90 87 13 51 | anne.skogheim@cbre.com

Christian Heiberg Executive Director, Advisory & Transaction Services +47 99 29 85 74 | christian.heiberg@cbre.com

Eirik Yttervik Senior Director, Advisory & Transaction Services +47 91 10 24 72 | eirik.yttervik@cbre.com