000			01328cab a22002175a 4500
001			L146405
008			090116e20081219xxk f 000 0 eng d
035			_a(Sirsi) u146405
041	0		_aeng
100	1		_aRoss, Jonathan
245	0	0	_aFinal say must be considered
260			_c2008
490		0	_aProperty Week _v74(51) 19 December 2008, 44(1)
520			_aDiscusses the case of Metropolitan Property Realizations Ltd v Atmore Investments Ltd [2008] EWCH 2925 (Ch) (see L146405). An arbitrator making a rent review determination in respect of a commercial lease had failed to take into account the notional tenant's profit in the calculation of a fair rent, so there had been a serious irregularity. The valuation method was rejected by the Court even though the landlord's surveyor had initially accepted it. Accordingly, the Court ordered that the review be resubmitted to the arbitrator who must reduce the rent award to allow for an appropriate profit margin for the tenant.
590			_aKA
650	2	4	_aMETROPOLITAN PROPERTY REALIZATIONS LTD V ATMORE INVESTMENTS LTD
651		4	_aEngland and Wales _y1543-
690			_aPROPERTY-LANDLORD AND TENANT-TENANCIES-TENANCY RENT REVIEW
690			_aMANAGEMENT-DISPUTE AVOIDANCE, MANAGEMENT AND RESOLUTION-DISPUTE MANAGEMENT AND RESOLUTION-ARBITRATION
942			_n0
999			_c81138 _d81138