Months of zero base rent at the start of a lease, as concession.

  • Months of zero base rent at the start of a lease, as concession.
  • Free rent (rent abatement) is the most common landlord concession.

Free rent abatement

Leasing · Global

Short definition

Months of zero base rent at the start of a lease, as concession.

Full definition

Free rent (rent abatement) is the most common landlord concession. In US Class A markets it typically runs 1–1.5 months per lease year; in EMEA it is often quoted as 'months free' on a 5- or 10-year term. Abated rent typically excludes opex/service charge.

Why this matters for Class A leasing

Free rent abatement is part of the leasing vocabulary that institutional Class A occupiers, landlords, and advisers use across Global markets. Understanding it correctly affects how you read lease documents, model occupancy economics, and benchmark deal terms across cities. Class A Atlas tracks regional variation alongside the global standard so cross-border occupiers can translate quickly.

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