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Australian property: lease incentives and rent review

By: Language: English Series: Estates Gazette ; (9128) 20 July 1991, 60-77(3)Publication details: 1991Subject(s): Summary: Outlines the role of leasing incentives in rent reviews in Australia , which is giving cause for concern. In Australia, it is common to have 2-3 yearly open market rent review patterns within leases of offices and this, together with oversupply of office accommodation has lead to the in-depth consideration of the effect of granting incentives for a new letting or a lease renewal on the review of rent to open market value for an existing tenancy.
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Journal article London Journal article ABS44875 (Browse shelf(Opens below)) 1 Available 49638-1001

Outlines the role of leasing incentives in rent reviews in Australia , which is giving cause for concern. In Australia, it is common to have 2-3 yearly open market rent review patterns within leases of offices and this, together with oversupply of office accommodation has lead to the in-depth consideration of the effect of granting incentives for a new letting or a lease renewal on the review of rent to open market value for an existing tenancy.