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Net Rental Rate

A rental rate that excludes (is net of) specific expenses that a tenant could incur in relation to occupancy. In...

    NER

    It stands for net effective rent; the actual rental rate a landlord would be able to obtain after deducting the...

      Net Effective Rent

      The actual rental rate a landlord would be able to obtain after deducting the value of concessions from the base...

        Rental Reversion

        A jargon term for change in rents upon lease renewal, particularly reflecting the estimated increase (or decrease) in a property's...

          Reversion

          A jargon term for change in rents upon lease renewal, particularly reflecting the estimated increase (or decrease) in a property's...

            Take-Up

            The gross rental turnover that an owner of a property generates from letting it (to others) or occupying it. In...

              Current Gross Rent

              The current rental that a lessee/ tenant pays to the landlord as specified by the terms of the lease. It...

                Passing Rent

                The current rental that a lessee/ tenant pays to the landlord as specified by the terms of the lease. It...