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Property development funding rethink called for

Language: English Series: Scotsman ; 14/2/91 p18Publication details: 1991Subject(s): Summary: Call for property development funding to be overhauled with the idea of replacing the traditional 25 year lease with periodic rent reviews at five year intervals with shorter leases and tenants paying higher rents reflecting development costs.

Call for property development funding to be overhauled with the idea of replacing the traditional 25 year lease with periodic rent reviews at five year intervals with shorter leases and tenants paying higher rents reflecting development costs.