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Boots stirs landlord-tenant pot

Language: English Series: Financial Times ; 9 August 1991, 11 | Times ; 11 August 1991, 29(2)Publication details: 1991Subject(s): Summary: Boots the Chemist property manager Mike Ruddell calls for a more flexible approach to landlord and tenant negotiations criticising traditional commercial property leases of 25 year terms with upwards-only reviews. Suggests 10-year leases would be more appropriate in the present economic climate. At Brent Cross shopping centre, tenants led by Boots have appointed Price Waterhouse to study the impact of Hammerson`s rent review.
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News article London News article WB2732-23 (Browse shelf(Opens below)) 1 Available 60594-1001

Boots the Chemist property manager Mike Ruddell calls for a more flexible approach to landlord and tenant negotiations criticising traditional commercial property leases of 25 year terms with upwards-only reviews. Suggests 10-year leases would be more appropriate in the present economic climate. At Brent Cross shopping centre, tenants led by Boots have appointed Price Waterhouse to study the impact of Hammerson`s rent review.