The risks for tenants of an upward-only rent review ban: Owen Spencer writes for Estates Gazette
The English Devolution Bill includes proposals to ban upwards-only rent reviews in all new leases. While this has been met with dismay by some landlords and investors, the reaction from occupiers has ranged from sceptical surprise to cautious optimism.
In a piece for Estates Gazette, Owen Spencer, Counsel in Forsters’ Commercial Real Estate team and a corporate occupiers expert, breaks down the background to upwards-only rent reviews, what a ban might mean for corporate occupiers, gaps in the draft legislation, and the potential longer term risks and consequences.
Read the full comment piece here (paywall; free trial available): The risks for tenants of an upward-only rent review ban | Estates Gazette.
