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How to set up and sell `ratcheted` leases

Language: English Series: Property Finance & Development ; September 1994, 8-10(3)Publication details: 1994Subject(s): Summary: Advises property investors on setting up and selling `ratcheted` leases. Such leases have become established for categories of buildings without a rental history and which may not have direct comparables in the locality. Examples are student accommodation, healthcare facilities and certain categories of social hosuing, such as domiciliary care. Looks at the features of these lease structures, valuation criteria and their attraction as an investment.

Advises property investors on setting up and selling `ratcheted` leases. Such leases have become established for categories of buildings without a rental history and which may not have direct comparables in the locality. Examples are student accommodation, healthcare facilities and certain categories of social hosuing, such as domiciliary care. Looks at the features of these lease structures, valuation criteria and their attraction as an investment.