BPF/IPD annual lease review 2012 [electronic resource]

BPF/IPD annual lease review 2012 [electronic resource] - 15th ed. - London BPF IPD 2012 - BPF/IPD Annual Lease Review 2012 May 2012 .

Executive summary -- expanded database analysis and headline lease lengths -- lease lengths analysis by company size -- changes in lease lengths -- average rent free periods -- income security and growth potential -- technical appendix -- glosary -- full history.

The analysis in the 2012 review has been extended to incorporate 10 316 new leases granted in 2011, 76% of which were for less than five years in length, up from 63% in 2010. The average length of all lettings fell from 5.3 years in 2010 to 4.8 years in 2011.The average length of all new leases weighted by rent including break clauses continued to rise to 9.8% in 2011, the longest recorded since 2007. The proportion of leases with break clauses increased in 2011 to 33.2% compared to 31.1% in 2010. The proportion of leases with breaks increase on all lease lengths except those less than five years and those between 16-20 years.


BPF/IPD ANNUAL LEASE REVIEW


United Kingdom