TITLE

Five-year leases wipe off value

AUTHOR(S)
CUNNINGHAM, DANIEL
PUB. DATE
April 2012
SOURCE
Estates Gazette;4/7/2012, Issue 1214, p25
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses a report showing that the average capital value across all property in Great Britain declined when a lease of five years or less was signed. Figures are provided which show that the number of five-year leases went up since 2007. It was found that shorter and more flexible leases were not popular with investors looking to secure long-term income. A decline in the value of retail buildings that feature five-year leases is also addressed.
ACCESSION #
75152354

 

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