Rent review
Rent review
- 1998
- Estates Gazette [1998] EGCS 161 (21/11/98) .
"St Martins Property Ltd v Citicorp Investment Bank Ltd and another" CA 11 November 1998. Valuation assumptions based on contents of a hypothetical lease. At issue was the length of the term, whether a break clause in favour of a named tenant should be read as in favour of a notional tenant and whether the landlord was entitled to recover headline rent as from the review date. All delarations were refused. Landlord appealed. appeal dismissed.
BREAK CLAUSE
HEADLINE RENTS
HYPOTHETICAL LEASE
RENT REVIEW
ST MARTINS PROPERTY LTD V CITICORP INVESTMENT BANK PROPERTIES LTD AND
"St Martins Property Ltd v Citicorp Investment Bank Ltd and another" CA 11 November 1998. Valuation assumptions based on contents of a hypothetical lease. At issue was the length of the term, whether a break clause in favour of a named tenant should be read as in favour of a notional tenant and whether the landlord was entitled to recover headline rent as from the review date. All delarations were refused. Landlord appealed. appeal dismissed.
BREAK CLAUSE
HEADLINE RENTS
HYPOTHETICAL LEASE
RENT REVIEW
ST MARTINS PROPERTY LTD V CITICORP INVESTMENT BANK PROPERTIES LTD AND