Wednesday, 10 November 2010

Further reduction in average lease length to Five years or under...

The BPF/IPD Annual lease review revealed that the proportion of leases of five years or less has increased to 72%, the highest level
ever. Just 10% of leases are for 10 years or more. The retail sector showed the largest decline in lease length. The implications for
dilapidations services is to increase the frequency of this specialist service and will promote repeat business.

Anthony Lorenz | Dilapidations