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Montbrillant Building: Rental Costs: Addendum

Executive Committee Meetings

Montbrillant Building: Rental Costs: Addendum

19 August 1996

1. The table below shows comparative rental costs for the various premises rented by UNHCR in Geneva. These costs are contrasted with the average rent for commercial properties in Geneva. For the purposes of comparison, only the surface area of the office space (15,600 m²) has been considered. The rental amounts cited below do not include charges.

3. The table also shows some comparative costs of other United Nations agencies which occupy buildings owned by FIPOI. According to information available to UNHCR, however, UNEP, UNFCCC, JIU and UNCCD do not currently pay any rent to FIPOI for the Geneva Executive Centre in Châtelaine. Other agencies either own their buildings or rent from other landlords.

Premises Rent (m2/year)

(in SwF)

1. UNHCR: Vermont (CDR) 326

2. VNG total 369

3. MBT (FIPOI) 218

4. UNDP (FIPOI) 200

5. UNFPA (FIPOI) 200

6. WFP (FIPOI) 240

7. Average Geneva commercial 525