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Short leases stay despite recovery

Series: Estates Gazette ; (9943) 30 October 1999, 42(1)Publication details: 1999Subject(s): Summary: Research by Drivers Jonas shows that central London office leases are still getting shorter, despite the recovery in the market. Overall the average lease length is eight years, although tenants are happy to take longer leases on bigger and newer buildings. Chart.

Research by Drivers Jonas shows that central London office leases are still getting shorter, despite the recovery in the market. Overall the average lease length is eight years, although tenants are happy to take longer leases on bigger and newer buildings. Chart.