Firms have excess of space
Firms have excess of space
- 2004
- Estates Gazette (0407) 14 February 2004, 28(1) .
The "Corporate occupiers report 2003" by FraserCRE reveals that 62% of firms have excess space and wish to dispose of it. The ruling in the "Homebase Ltd and another v Allied Dunbar Assurance plc" ([2002] EWCA Civil 666, Abs65740) had also affected one in five businesses' plans to sublet. The court had ruled in favour of Allied Dunbar, stating that a tenant could not sublet at below the original passing rate without the landlord's consent. The report is available to download at http://www.frasercre.com/PublicationText/28.
BUSINESSES
SUBLETTING
HOMEBASE LTD AND ANOTHER V ALLIED DUNBAR ASSURANCE PLC
PROPERTY PORTFOLIOS
LEASEHOLD PROPERTIES
The "Corporate occupiers report 2003" by FraserCRE reveals that 62% of firms have excess space and wish to dispose of it. The ruling in the "Homebase Ltd and another v Allied Dunbar Assurance plc" ([2002] EWCA Civil 666, Abs65740) had also affected one in five businesses' plans to sublet. The court had ruled in favour of Allied Dunbar, stating that a tenant could not sublet at below the original passing rate without the landlord's consent. The report is available to download at http://www.frasercre.com/PublicationText/28.
BUSINESSES
SUBLETTING
HOMEBASE LTD AND ANOTHER V ALLIED DUNBAR ASSURANCE PLC
PROPERTY PORTFOLIOS
LEASEHOLD PROPERTIES