What's a typical lease term in Paris?

9 years for institutional Class A. Shorter terms are achievable on smaller floor plates with stronger covenants.

How is rent quoted in Paris?

In EUR/sqft/year. We also publish a USD-normalised view ($102/sqft/yr) for cross-market comparison.

The bail commercial is the standard lease — 9 years with tenant break rights at year 3 and year 6.

Typical lease length: 9 years.
Typical rent-free: 18 months.
Vacancy: 7.6%; trend rising.
The bail commercial is the standard lease — 9 years with tenant break rights at year 3 and year 6.

Paris office lease norms

The bail commercial is the standard lease — 9 years with tenant break rights at year 3 and year 6.

TL;DR

Typical lease length: 9 years.
Typical rent-free: 18 months.
Vacancy: 7.6%; trend rising.
The bail commercial is the standard lease — 9 years with tenant break rights at year 3 and year 6.

Structure

The bail commercial is the standard lease — 9 years with tenant break rights at year 3 and year 6. Rent is indexed annually to the ILAT or ICC indices. Rent-free of 12-24 months on a 9-year term is standard. Service charges and tax foncière are typically passed through. Restoration to original is the default obligation.

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

city	Paris
country	France
region	EMEA
classARentLocal	95 EUR/sqft/yr
classARentUsd	$102/sqft/yr
vacancy	7.6%
typicalLeaseYears	9
typicalRentFreeMonths	18
submarkets	6
primeYieldPct	4%

Frequently asked questions

What's a typical lease term in Paris?: 9 years for institutional Class A. Shorter terms are achievable on smaller floor plates with stronger covenants.
How is rent quoted in Paris?: In EUR/sqft/year. We also publish a USD-normalised view ($102/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

CBRE Marketview reports — CBRE
JLL Office Insight — JLL
Cushman & Wakefield Marketbeat — Cushman & Wakefield
Savills World Research — Savills
Colliers Global Office Outlook — Colliers

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