No commission for the tenant – Who pays whom?

5. June 2020
Posted in Glossary
5. June 2020 admin

No commission for the tenant – Who pays whom?

Because of the current supply and demand situation, the landlord or property developer often pays the broker or consultant fee on the commercial rental markets in the major German cities.

This fee is part of the landlord’s marketing budget. It can vary depending on location or submarket.

Currently, marketing budgets for new leases or lease renewals in Munich typically set aside 3 months net rent plus VAT.