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Rent Review Matters

The Michael Lever newsletter

All posts tagged "Open market"

Rack rent, open market rent, and fairs

Jul 2025 – For continuing professional development, Ii was reading about an Act of June 1657 “Annoyance by Buildings.; Fines for Houses built on new Foundations, within ten miles of the Walls of London, since the 25 of March, 1620” (for the preventing the multiplicity of Buildings in and about the Suburbs of London, and […]

Reducing Property Costs

Jun 1999 – Socially, “win-win” as a means of avoiding or diffusing argument is useful as a catalyst but, at rent review, I regard it as inappropriate, because the intention is pre-determined as the open market rent: ie, what other retailers would pay for the premises. Whilst landlords would like all tenants to conform to […]

Rental value and yield

Jun 1985 – The current trend for private investors in the retail market to be more concerned with short-term gain than long-term income is worrying. Participants seem to have overlooked the fact that the essence in capital gain to date owes more to previous levels of inflation than to design. And even if high inflation […]