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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...

Notional Rent

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

Net Absorption

The net amount of absorption during a given period. It constitutes the net change in occupancy of commercial real estate...

Negative Absorption

The state of absorption in which leased space is less than vacant space in a market/ submarket during a period....