In the current climate, all types of occupiers including occupiers of retail, office and warehouse space, will be considering their leasing requirements and looking to rationalise their property portfolios. As a result, landlords may find that they are seeing an increase in the number of tenants seeking to operate break rights in leases. For obvious
Monthly Archives: August 2019
Opposing a lease renewal on redevelopment grounds – a helpful case for landlords
The case of London Kendal Street No3 Limited v Daejan Investments Limited (2019) provides some useful guidance on what a landlord needs to show in order to successfully oppose a tenant’s right to renew its tenancy on the ground that the landlord intends to demolish or reconstruct the tenant’s premises. A landlord’s right to redevelop