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Articles - office space

The incalculable leasable area

4/16/14

Rent per unit (usually EUR/m2/month) and the size of leasable area (m2) are important components of lease contracts because their product equals the rent payable by the tenant. However, landlords often attempt to set a relatively low rent per unit to attract tenants while claiming the largest possible leasable area since many tenants are only concerned with the rent per unit, which is readily comparable with market rates, not paying enough attention to the size of leasable area or the method employed for its calculation.

2013: Outstanding year for Jones Lang LaSalle’s Tenant Representation department

1/27/14

In 2013 the international property advisory firm, Jones Lang LaSalle (JLL) represented its office occupier clients in nearly 50,000 sq m of office space transactions. This is the 6th consecutive year since 2008 in reaching the largest market share of the Tenant Representation market.

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