Alternative figures add up to zero
Series: Estates Gazette ; (0149) 8 December 2001, 110-111(2)Publication details: 2001Subject(s): Summary: Argues in favour of the system of long-term leases and non-downward rent reviews. Mentions the recent compromise between the British Property Federation and the Property Market Reform Group where a code of practice was agreed requiring landlords to offer priced alternatives to upward-only rent reviews. Occupiers have agreed that any downward review will be no lower than the initial rent. Takes issue with the argument that other countries which have no tradition of upward rent review still manage to effectively build houses and offices as this is often at the expense of higher rents and more frequent rent reviews. With tables of financial appraisal for post 1995, 1996 and 2001 development.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | ABS64922 (Browse shelf(Opens below)) | 1 | Available | 116107-1001 |
Argues in favour of the system of long-term leases and non-downward rent reviews. Mentions the recent compromise between the British Property Federation and the Property Market Reform Group where a code of practice was agreed requiring landlords to offer priced alternatives to upward-only rent reviews. Occupiers have agreed that any downward review will be no lower than the initial rent. Takes issue with the argument that other countries which have no tradition of upward rent review still manage to effectively build houses and offices as this is often at the expense of higher rents and more frequent rent reviews. With tables of financial appraisal for post 1995, 1996 and 2001 development.