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Author:Murdoch, G.
Title:Property leases with "staircased" rents: some specialist market applications
Journal:Journal of Property Finance
1994 : VOL. 5:3, p. 33-40
Index terms:LEASING
PROPERTY
FINANCE
Language:eng
Abstract:The author discusses how over the last few years a form of property lease has been developed which is characterized by having predetermined levels of rental uplift, rather than relying on open market or other forms of rent review. He argues that this established a rent review formula for categories of building without a rental history, which may not have direct comparables in the locality and that the result is a "staircased" rental lease which has a number of specialist applications.
SCIMA record nr: 127665
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