The mysterious case of the disappearing rent review
Rickard, Jennifer
The mysterious case of the disappearing rent review - 2015 - Estates Gazette (1519) 16 May 2015, 126-127(2) .
Issues raised by the possible return of the rent review market for the first time since the 2008 economic downturn. This revival does pose some problems for property professional as; the number of qualified arbitrators has not expanded with many surveyors not having had exposure to rent reviews. Also there are problems with comparables as the quiet property market has led to an lack of open-market transactions that could be used as direct comparables for certain types of properties.
United Kingdom
The mysterious case of the disappearing rent review - 2015 - Estates Gazette (1519) 16 May 2015, 126-127(2) .
Issues raised by the possible return of the rent review market for the first time since the 2008 economic downturn. This revival does pose some problems for property professional as; the number of qualified arbitrators has not expanded with many surveyors not having had exposure to rent reviews. Also there are problems with comparables as the quiet property market has led to an lack of open-market transactions that could be used as direct comparables for certain types of properties.
United Kingdom