In the first quarter of 2016, the Commercial Rent Index increased by 0.1% over a yearCommercial Rent Index - 1st Quarter 2016
In the first quarter of 2016, the commercial rent index stood at 108.40. Over a year, it increased modestly by 0.1% after three quarters of slight decrease (-0.1% per quarter).
In the first quarter of 2016, the commercial rent index stood at 108.40. Over a year, it increased modestly by 0.1% after three quarters of slight decrease (−0.1% per quarter).
Article 47 of the Law on the modernization of the economy (2008-776) of 4th August 2008 established the commercial rent index (CRI).
Decree No. 2008-1139 of November 4, 2008 set out the industries concerned and the procedures for calculating and publishing the index.
According to Law 2014-626 of 18th June 2014 (Article 9), which amends section L145-34 of the Commercial Code, two indices can be used for the escalation of commercial rent contracts leases:
- The Commercial rent index for commercial and craft activities;
- The Tertiary activities rent index for commercial activities other than commercial.
tableau tableauILC – Commercial Rent Index
|Values||Percentage change over a one year period (Q/Q-4)|
- Source: INSEE