... visibility quantification can influence rent negotiations between shopping mall management and potential tenants. This study can also assist shopping center management, shop owners and architects to have a better mechanism for determining the visibility value and the effect on the retail unit rental price...

...Olga Filippova; Michael Rehm; Chris Dibble Purpose With the marked increase in the awareness of earthquake risks following the Canterbury earthquakes, the purpose of this paper is to assess if the reassessment of risk has influenced rents for office accommodation in commercial buildings. Two...

...Malcolm Dowden Purpose This paper aims to examine the English court's approach to the interpretation of rent review provisions in circumstances where the words used by the parties may produce a commercially unforeseen or undesirable result. It emphasises that, while the court has wide discretion...

...Neil Crosby; Sandi Murdoch This paper examines the effect which the rent assessment process has on the level of rents and rental values in the commercial property market in England and Wales, by asking: is there an accepted definition of open market rental value which is consistently adhered...

...Russell Chaplin Modelling, predicting and forecasting commercial rents are now seen as necessary and explicit processes in real estate investment. Decisions on the prospects for specific investments, the real estate portfolio and multi‐asset portfolio are made as a result of these processes...

...Michael White; Daniel Mackay; Kenneth Gibb This paper uses time series econometric techniques to model regional property rents in order to build a picture of the distinctiveness and commonality of the Scottish property sector. Data used comes from a series stretching from 1970‐1998 and allows...

...Nick French; Richard Cooper It is well recognised that the UK commercial property market has traditionally used nominal market benchmarks such as the all‐risk yield based on the assumption that rents are received annually in arrears. Obviously, the reality of the market is that rents are invariably...

...Malcolm Dowden; Nabarro Nathanson © MCB UP Limited 1999 --> Landlard Tenant Rent Reviews Rent reviews update Malcolm Dowden and Nabarro NathansonSolicitors, London, UK Keywords: Landlard, Tenant, Rent, Reviews This article deals with rent review cases...

... to the calculation of maximum concession, behavioural approaches to bargaining theory suggest that differences in individual negotiator’s attributes, social contexts and cognitive biases will also affect the outcome of a negotiated rent setting process. The growth of short leases and the widespread introduction...

...Malcolm Dowden; Nabarro Nathanson Malcolm Dowden and Nabarro Nathanson Keywords: Law, Local housing authorities, Debt collection, Service charges, Occupier's liability, Rent 1. Payments made under a mistake of law 1.1 The Kleinwort decision In Kleinwort...

...Raymond Tse This paper analyses the choice of the optimal lease term of office property in relation to expected lag vacancy, periods of rent‐free and expected rental income growth. The optimal lease term is the one that minimizes the expected costs of contract negotiation from the perspective...

...Neil Dunse; Colin Jones The primary objective of this study is to apply hedonic regression techniques to an office market to identify and quantify the significant contribution of the different attributes to office rents. This technique is widely used in the analysis of housing markets...

... of different size and layout in any assessment of retail rental values is potentially flawed. © MCB UP Limited 1998 Cluster analysis Rent Requirements planning Retail trade Fundamentally, retail rental values represent a proportion of business turnover and the potential profit margin...

... on predictions or forecasts of future commercial property market performance as a tool to aid investment decisions. This paper seeks to conduct an ex post comparative evaluation exercise for “consensus” office rent models in the UK, common explanatory variables being derived from a literature review...

...Éamonn D’Arcy; Sotiris Tsolacos; Tony McGough Presents the findings of the first comparative econometric investigation into the influence of demand side forces on retail rent determination in European cities. Examines five major retail centres ‐ Amsterdam, Brussels, Hamburg, London and Paris ‐ over...

...Stephen Bond; Kevin Denny; John Hall; William McCluskey Notes that, in the UK, there has been little empirical research undertaken to consider the effect of the commercial property tax (more commonly known as non‐domestic rates) on the level of openly negotiated market rents. Seeks, through...

.... © MCB UP Limited 1996 Appraisals Housing Location Rent Shopping centres Values This paper focuses on the effect of both proximity and size of shopping centres on the value of surrounding residential properties. As with other sources of externalities, a shopping centre...

...David Mackmin There have always been situations where tenants, for one reason or another, have paid rents in excess of open market rental value. The position today, due to the downturn in the letting market, is that many more tenants are now in this position. This poses a problem for valuation...

... the use of inducements. To illustrate this further, consider the following lease proposals from both the lessor′s and lessee′s perspective: Lease 1: A three year lease with a gross rent of $4,000 per annum entered on the lease with a lump sum cash incentive of $3,703.70 paid up front...

... and now find their rents pegged at above market levels due to ratchet clauses. The types of incentives found in the office market are quite varied and are listed as follows: Abnormal rent‐free periods. Cash payments. Rent subsidies. Free hard fitouts. Free soft fitouts. Take...