Mixed use brings higher rent
Mixed use brings higher rent
- 2003
- Regeneration and Renewal 22 August 2003, 2(1) .
New research by FPD Savills shows that rental growth on mixed-use developments are outperforming single-use schemes. This supports government encouragement for mixed-use developments on major regeneration sites. Traditionally the property industry has avoided mixed-use schemes over fears of lower returns associated with management difficulties. The report highlights the difficulty of encouraging investment in single buildings with different uses, as residential leases conflict with commercial leases, leading to difficulties with redevelopment. "Investment in mixed use" is available at http://www.fpdsavills.co.uk/research.asp?content=%5Cuber%5Fresearch%5C3595%2Ehtm&subcategory=none&contenttype=research&category=
MIXED-USE DEVELOPMENTS
GOVERNMENT POLICY
INVESTMENT RETURNS
RENTAL GROWTH
RESIDENTIAL LEASES
COMMERCIAL LEASES
New research by FPD Savills shows that rental growth on mixed-use developments are outperforming single-use schemes. This supports government encouragement for mixed-use developments on major regeneration sites. Traditionally the property industry has avoided mixed-use schemes over fears of lower returns associated with management difficulties. The report highlights the difficulty of encouraging investment in single buildings with different uses, as residential leases conflict with commercial leases, leading to difficulties with redevelopment. "Investment in mixed use" is available at http://www.fpdsavills.co.uk/research.asp?content=%5Cuber%5Fresearch%5C3595%2Ehtm&subcategory=none&contenttype=research&category=
MIXED-USE DEVELOPMENTS
GOVERNMENT POLICY
INVESTMENT RETURNS
RENTAL GROWTH
RESIDENTIAL LEASES
COMMERCIAL LEASES