Net leases.

  • Typical lease length: 9 years.
  • Typical rent-free: 8 months.
  • Vacancy: 8.2%; trend flat.
  • Net leases.

Brussels office lease norms

Net leases.

TL;DR

  • Typical lease length: 9 years.
  • Typical rent-free: 8 months.
  • Vacancy: 8.2%; trend flat.
  • Net leases.

Structure

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.

Negotiating levers

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).

Key facts

cityBrussels
countryBelgium
regionEMEA
classARentLocal32 EUR/sqft/yr
classARentUsd$35/sqft/yr
vacancy8.2%
typicalLeaseYears9
typicalRentFreeMonths8
submarkets5
primeYieldPct5.4%

Frequently asked questions

What's a typical lease term in Brussels?
9 years for institutional Class A. Shorter terms are achievable on smaller floor plates with stronger covenants.
How is rent quoted in Brussels?
In EUR/sqft/year. We also publish a USD-normalised view ($35/sqft/yr) for cross-market comparison.

Editorial provenance

Reviewed by Samuel Okafor — EMEA contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.

Primary sources for this page

Full sources index · Submit a correction

Related topics