Blog
The International Data Insights Report: Trends in international arbitration
Mark Fallmann
9 October 2018
The NeverEnding (Lease) Story: how poor drafting can create a 2000 year mistake
Imagine this scenario. You own a site which is ripe for development in a few years. There are a number of tenants who still have leases which don’t expire for between two to three years, which fits in with your development timetable. There was one vacant floor last year but you agreed to let that to a new small business tenant on a one year lease and since that tenant said they may want to stay longer, you agreed that they could have a right in their lease to renew for another year. You agreed a low rent as it was such a short term and saved you the business rates. You didn’t want to bother with solicitors so your agent just issued your standard short term lease and after a couple of amendments from the tenant, this was completed in a couple of days.
13 August 2018
Talkin’ ‘bout a (Retail) Revolution
The UK retail sector has seen some turbulent times in recent years. In turn, traditional retailing is adapting and modernising service delivery methods.
25 May 2018
Dreamvar: innovate to survive
The Court of Appeal last week handed down its ruling in the case of Dreamvar v Mishcon de Reya. The impact for the industry and profession is potentially huge – will it lead to a complete overhaul of the way property lawyers deal with purchase money?
21 May 2018
Selling your premises to your pension fund – having your cake and eating it
Dentists, chiropractors, accountants and other professionals who own the premises from which they operate could benefit substantially from making their commercial premises an asset of their Self-Invested Personal Pension (SIPP).
26 April 2018
Indexed Rent Reviews – are we getting them right?
In almost every aspect of life we all like to get a good deal. It is no different with commercial rent. Landlords and Tenants alike, both parties will be keen to maximise their profits and minimise their risks, which is why rent reviews are a particularly fundamental and heavily negotiated contract term. Essentially both parties want entirely the opposite from the other.