Annual survey of commercial property leases
Annual survey of commercial property leases
- 2003
- BPF News 24 November 2003, (2) .
The British Property Federation / Investment Property Databank Annual Lease Review is issued. The information includes that the average length of a new lease is 8.7 years and for 21% of new leases in which break clause figure, the effective term is just 6.3 years. Therefore the UK commercial property market has provided shorter leases for occupiers over the past year. For the BFI press release: http://www.bpf.propertymall.com/communication/press/55
BRITISH PROPERTY FEDERATION
PROPERTY-COMMERCIAL PROPERTY-COMMERCIAL PROPERTY MARKET
OFFICE LETTINGS
NEW LEASE
The British Property Federation / Investment Property Databank Annual Lease Review is issued. The information includes that the average length of a new lease is 8.7 years and for 21% of new leases in which break clause figure, the effective term is just 6.3 years. Therefore the UK commercial property market has provided shorter leases for occupiers over the past year. For the BFI press release: http://www.bpf.propertymall.com/communication/press/55
BRITISH PROPERTY FEDERATION
PROPERTY-COMMERCIAL PROPERTY-COMMERCIAL PROPERTY MARKET
OFFICE LETTINGS
NEW LEASE