Cash same store NOI gains derived from an increase in occupancy and positive net effective rent change were offset by free rent that resulted from the quarter's higher leasing volume.
What does NER stand for?
NER stands for Net Effective Rent
This definition appears rarely and is found in the following Acronym Finder categories:
- Business, finance, etc.
See other definitions of NER
We have 94 other meanings of NER in our Acronym Attic
- Named Entity Recognition
- National Eagle Repository
- National Ecosystem Restoration
- National Electricity Regulator (South Africa)
- National Emissions Report
- National Equipment Register
- National Exposure Registry
- Navy Emergency Relief
- Navy Enlisted Rating
- Neryungri (Russia)
Samples in periodicals archive:
5 percent rate in 2014 with net effective rents climbing even higher due to shrinking concessions.
Matt Long said: said: "Whilst we believe headline rents will remain stable, net effective rents will rise as rent-free periods and incentives packages are reigned in on better quality, well refurbished stock''.
Cushman's figures predicted that by 2014, the net effective rent for Class A office buildings Downtown would be $42.
Others say that today's renters are simply looking for the lowest net effective rent they can find and that upfront concessions are too blunt of a tool to fill vacancies.
This, along with the large incentives packages available, has caused a "significant decrease" in net effective rents.
Does market rent mean net effective rent to the lessor?
The real estate data specialist REIS calculates net effective rents on a national level at or near peak levels.