Net leases.
Net leases.
Net leases. 9-year terms with break options at years 3 and 6 (Belgian 3/6/9 standard). Free rent of 6-12 months and TI of €60-€100/sqm typical.
Free rent and TI remain the most negotiable line items; landlords prefer concessions to face-rent cuts because they preserve headline rent and implied valuation. Always model effective rent (face minus PV of concessions).
| city | Brussels |
|---|---|
| country | Belgium |
| region | EMEA |
| classARentLocal | 32 EUR/sqft/yr |
| classARentUsd | $35/sqft/yr |
| vacancy | 8.2% |
| typicalLeaseYears | 9 |
| typicalRentFreeMonths | 8 |
| submarkets | 5 |
| primeYieldPct | 5.4% |
Reviewed by Samuel Okafor — EMEA contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.