Pre-agreed rent increases at fixed dates over the lease term.

Pre-agreed rent increases at fixed dates over the lease term.
Common in Asian markets and growing in US Class A: rent rises in stepped increments (e.g., +3% in years 3, 6, 9).

Stepped rent

Leasing · Global

Short definition

Pre-agreed rent increases at fixed dates over the lease term.

Full definition

Common in Asian markets and growing in US Class A: rent rises in stepped increments (e.g., +3% in years 3, 6, 9). Compare against fixed escalators or CPI-linked terms in the side-by-side TCO.

Why this matters for Class A leasing

Stepped 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.

Pre-agreed rent increases at fixed dates over the lease term.

Pre-agreed rent increases at fixed dates over the lease term.
Common in Asian markets and growing in US Class A: rent rises in stepped increments (e.g., +3% in years 3, 6, 9).

Stepped rent

Leasing · Global

Short definition

Pre-agreed rent increases at fixed dates over the lease term.

Full definition

Common in Asian markets and growing in US Class A: rent rises in stepped increments (e.g., +3% in years 3, 6, 9). Compare against fixed escalators or CPI-linked terms in the side-by-side TCO.

Why this matters for Class A leasing

Stepped 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.