UK | Special
UK Lease Events - 2017Prepared by MSCI in association with BNP Paribas Real Estate, the report has now reached its 19th year.
- The rent-weighted lease length declined by half a year during the first six months of 2017 – the largest decline since 2009.
- As at 2016, only about a third of leases were renewed by tenants at expiry.
- The proportion of leases with a break clause continued to rise, reaching its highest level in the series’ sixteen year history at 40.3%.