verygood insight dawgfather.
This is happening to a-grade retail as well, I have never seen the incentives so high. On one perspective deal 1.5yrs rent as contribution on a 7 year lease.
But I think there is a reason for this, its keeps their 'gross rent per square meter' higher, and that number is the primary number used in valuations (in conjunction with the cap rate)
Buy, page-104
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