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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...