Commercial Lease in UK Law
-
The impact of lease structures on the optimal holding period for a commercial real estate portfolio
Purpose: – The purpose of this paper is to demonstrate the impact of lease duration and lease break options on the optimal holding period for a real estate asset or portfolio. Design/methodology/a...
-
Bricks, mortar, and proptech. The economics of IT in brokerage, space utilization and commercial real estate finance
Purpose: Digital and information technologies (IT) are becoming silently pervasive in old-fashioned real estate markets. This paper focuses on three important avenues for the diffusion of IT in com...... ... While innovations will, nodoubt, have an impact on the ways in which we buy and lease commercial properties, the lessons from thehousing marketshould make us skeptical about the possibility of the new technologies dramatically ... ...
-
Dominant and non‐dominant lease structures and their effect on place‐based valuation practices
Purpose: This paper aims to examine the experiences of valuers when valuing market dominant and non‐dominant standard lease structures. The research compares the perceptions and approaches of New Z...... ... and approachesof New Zealand valuers when valuing gross and net leases, two standard lease types commonlyutilised in the New Zealand commercial property market.Design/methodology/approach – The study employs a structured survey of 87 commercialvaluers practising in Auckland (where net ... ...
-
Landlord and tenant update – hard times, strict compliance
Purpose: Difficult economic and trading conditions make lease break options a point of significant legal tension between commercial landlords and tenants. For a tenant, the ability to break a lease...... ... – Difficult economic and trading conditions make lease break options a point of significantlegal tension between commercial ... ...
-
Pricing short leases and break clauses using simulation methodology
This paper examines the changes in the length of commercial property leases over the last decade and presents an analysis of the consequent investment and occupational pricing implications for comm...... ... , RiskAbstract This paper examines the changes in the length of commercial property leases over thelast decade and presents an analysis of the ... evidence involving comparable properties, the increasingdiversity of lease sructures exacerbates the methodological limitations of suchmodels ... ...
-
The influence of procedure on rent determination in the commercial property market of England and Wales
This paper examines the effect which the rent assessment process has on the level of rents and rental values in the commercial property market in England and Wales, by asking: is there an accepted ...... ... and Development,The University of Reading, Reading, UK, andSandi MurdochDepartment of Law, The University of Reading, Reading, UKKeywords Rent, Lease renewal, Rental valueAbstract This paper examines the effect which the rent assessment process has on the level ofrents and rental values in the ... ...
-
The effect of upward‐only rent reviews on UK prime retail property capital values
Purpose: The purpose of this paper is to consider the likely effect on capital values of prime retail property in major UK urban centres from any legislative ban of upward‐only rent reviews (UORRs)...... ... any legislative ban of upward-only rent reviews (UORRs)from commercial leases.Design/methodology/approach – The opinion of Leeds-based valuers ... the extent of the reduction will vary as a function ofspecific lease and property characteristics.Research limitations/implications – The ... ...
-
Law briefing
Purpose: – This legal update examines the implications for commercial landlords of regulations required to be made under Energy Act 2011, and to come into force by 1 April 2018. Under those regulat...... ... – This legal update examines the implications for commercial landlords of regulationsrequired to be made under Energy Act 2011, and to ... lease clausesissued by the Better Buildings Partnership where tenant consent is ... ...
-
Kenneth S Gerber, COMMERCIAL LEASES IN SCOTLAND Edinburgh: W Green & Son (www.wgreen.co.uk), 2009. xxxv + 217 pp + companion CD. ISBN 9780414017528. £76.13.
... ... Concisely, and with admirable clarity, the author discusses what a suspensive condition should contain in missives of lease (para 3-03). He points out that it is vital to provide for who can do what in the event of the condition being satisfied or not satisfied. Many ... ...
-
Investment risk scoring model for commercial properties in India
Purpose: – There is significant research related to risk and uncertainty in valuation. Risk, in valuation, is mostly communicated to investors in qualitative terms. There has been some research in ...... ... elements of risk as perceived by key market players in an emerging economy like India.It identifies fundamentals of market, property and lease to determine valuation risk. It may behighlighted here that the risk that this paper is analysing is not the risk that is associated with ... ...
See all results