Quoted face rent, before concessions.
Leasing · Global
Quoted face rent, before concessions.
What appears in the press release. Almost never the price the tenant actually pays once free rent and TI are netted out. Real-estate data services that publish headline rent overstate market price by 10–25%.
Headline rent 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.