000 01353cad a22002295a 4500
001 L156468
008 120528s2012 xxk 000 0 eng d
035 _a(Sirsi) u156468
041 0 _aeng
110 2 _aGVA
_95945
245 0 4 _aThe only way is up
_h[electronic resource]
260 _aLondon
_bGVA
_c2012
520 _aCurrent market conditions in the UK and even more so in Ireland have exposed many occupiers to the downside of upwards only rent reviews (UORR). Most leases due for a rent review in 2012 on upward only terms are being reviewed with a previous rent agreed during the peak of the market in 2007. Concludes that UORRs still have an important role providing the investor with a guarantee that the income level will not fall, and the tenant with a much greater degree of protection to over-renting than RPI inflation linked leases when rental values are in decline.
520 _aExecutive summary -- introduction -- the case for and against upwards only -- the Irish example -- outlook for inflation -- sector performance -- conclusion.
590 _aKA
651 4 _aEngland and Wales
_y1543-
651 4 _aIreland (Republic of)
_y
690 _aCommercial property
_96227
690 _aLandlord and tenant
_96252
856 4 0 _uhttps://www.gva.co.uk/research/thought-leadership/
_zView the report at www.gva.co.uk
942 _n0
999 _c84027
_d84027