Cost above the TI allowance, paid by the tenant or amortised.

Cost above the TI allowance, paid by the tenant or amortised.
Standard practice: tenant funds overrun in cash, or amortises into rent at landlord's cost of capital plus 200–300 bps.

Fit-out overrun

Construction · Global

Short definition

Cost above the fit-out-capex">TI allowance, paid by the tenant or amortised.

Full definition

Standard practice: tenant funds overrun in cash, or amortises into rent at landlord's cost of capital plus 200–300 bps. Negotiate the amortisation rate at signing.

Why this matters for Class A leasing

Fit-out overrun is part of the construction 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.

Cost above the TI allowance, paid by the tenant or amortised.

Cost above the TI allowance, paid by the tenant or amortised.
Standard practice: tenant funds overrun in cash, or amortises into rent at landlord's cost of capital plus 200–300 bps.

Fit-out overrun

Construction · Global

Short definition

Cost above the fit-out-capex">TI allowance, paid by the tenant or amortised.

Full definition

Standard practice: tenant funds overrun in cash, or amortises into rent at landlord's cost of capital plus 200–300 bps. Negotiate the amortisation rate at signing.

Why this matters for Class A leasing

Fit-out overrun is part of the construction 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.