Blogs
The Rate Debate
Business rates mean nothing to most people, and most people are the voting public. And this is perhaps the reason why Government is so intransigent in its position on this year's business rate increase. Does the scale of the retail...
RICS Public Affairs Blog : RICS Meets Conservatives To Discuss Business Rates
As part of its proactive public affairs strategy, RICS has met Justine Greening MP, Shadow Secretary of State for CLG, to discuss potential solutions to the issues around business rates. The meeting, under Chatham House Rules, was very productive and
Guest post: Misleading claims over dangers of Wales business rate review
A few weeks ago Andrew Hetherton at GL Hearn wrote a guest post claiming the proposed Welsh business rates review could undermine development and growth. It has proved to be quite the hornet's nest.Cardiff and Co, the city's marketing company, strongly...
Guest post: Irish government must act now to avoid yet more investment stalemate from upward only rent reviews
With the Irish government today appearing to do a u-turn on upward only rent reviews the industry is back to square one. CBRE Ireland has called on Minister Alan Shatter to confirm its plans. Marie Hunt is Executive Director...
More woes for Cardiff's CBD as business rates review announced
Cardiff's central business district had been doing so well. The property industry seemed to like it. Cardiff and Co, the marketing company behind it, seemed to be saying and doing all the right things; and the council seemed to have its...
RPI rise threatens fragile retail
The retail property sector is set for another bruising as the Office for National Statistics' confirmed this morning that the retail prices index rose to 5.6% in September - the highest annual inflation rate for over 20 years. The...
Irish investors uncertainty deepens with abolition of upward only rent reviews latest twist
Interesting piece in the Irish Times this morning, and yet another twist in the abolition of upward only rent review's saga. It seems that tenants will be given the right to to seek a rent review with their landlords and...
Ouch - Drivers Jonas feels £18.05m negligence pain
Drivers Jonas (DJ) has been ordered to pay £18.05m in damages over its negligent valuation of a factory outlet shopping centre in Chatham Historic Dockyard. This morning, Mr Justice Eder ruled that its £62.8m valuation of the property was negligent....
His Judge's Voice - HMV loses rent review case
Despite entertainment retailer HMV's share price taking a bit of a battering over the last twelve months the High Court offered it no sliver lining as Warren J refused to grant it permission to appeal against the arbitration award made...
Olympic evictions row highlights problem of late rent review
John Spence, of Thomson Snell & Passmore, tells me that plans by an East London charity to evict up to 25 small businesses near the London Olympics site after they refused to agree rent increases highlight the problem for tenants...
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