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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...

      Effective Rent

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

        Weighted Average Rental Rates

        Rental rates that are calculated as an average of the amount of space available in each building per market area....

          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...

              Deemed Rent

              The rent which a landlord/ owner is presumed to earn from a self-occupied property (SOP)- that is, in a situation...

                Notional Rent

                The rent which a landlord/ owner is presumed to earn from a self-occupied property (SOP)- that is, in a situation...

                  Break Option

                  A provision that is contained in a specific type of leases whereby the tenant can terminate the lease on non-fault...

                    Take-Back

                    Rental income that is lost due to expiry/ expiration of a lease contract, exercise of a break option, an agreed...