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Short leases stay despite recovery

Short leases stay despite recovery - 1999 - Estates Gazette (9943) 30 October 1999, 42(1) .

Research by Drivers Jonas shows that central London office leases are still getting shorter, despite the recovery in the market. Overall the average lease length is eight years, although tenants are happy to take longer leases on bigger and newer buildings. Chart.

Subjects--Topical Terms:
LEASES
SHORT LEASES
OCCUPIERS REQUIREMENTS
COMMERCIAL LEASES
PROPERTY-COMMERCIAL PROPERTY-OFFICE PROPERTY-OFFICE PROPERTY MARKET
LONDON
CENTRAL LONDON
LEASE LENGTH

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