Average asking or transacted rent across a defined submarket.
Market data · Global
Average asking or transacted rent across a defined submarket.
Published quarterly by major brokers (CBRE, JLL, Cushman, Newmark, Savills). Useful as a comparable but always check if it is asking vs. transacting and whether it is gross or net.
Submarket rent index is part of the market data 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.