000			01724cab a22002535a 4500
001			L156432
008			120521s2012 xxk f s 000 0 eng d
035			_a(Sirsi) u156432
041	0		_aeng
110	2		_aBritish Property Federation _91604
245	0	0	_aBPF/IPD annual lease review 2012 _h[electronic resource]
250			_a15th ed.
260			_aLondon _bBPF _bIPD _c2012
490		0	_aBPF/IPD Annual Lease Review _v2012 May 2012
505	2		_aExecutive summary -- expanded database analysis and headline lease lengths -- lease lengths analysis by company size -- changes in lease lengths -- average rent free periods -- income security and growth potential -- technical appendix -- glosary -- full history.
520			_aThe analysis in the 2012 review has been extended to incorporate 10 316 new leases granted in 2011, 76% of which were for less than five years in length, up from 63% in 2010. The average length of all lettings fell from 5.3 years in 2010 to 4.8 years in 2011.The average length of all new leases weighted by rent including break clauses continued to rise to 9.8% in 2011, the longest recorded since 2007. The proportion of leases with break clauses increased in 2011 to 33.2% compared to 31.1% in 2010. The proportion of leases with breaks increase on all lease lengths except those less than five years and those between 16-20 years.
590			_aKA
650	2	4	_aBPF/IPD ANNUAL LEASE REVIEW
651		4	_aUnited Kingdom
690			_aCommercial property _96227
710	2		_aInvestment Property Databank _92288
856	4	0	_uhttps://www.bpf.org.uk/en/files/bpf_documents/commercial/BPF_IPD_Annual_Lease_Review_2012.pdf _zView the annual lease review at www.bpf.org.uk
942			_n0
999			_c114253 _d114253