Rent Review and Lease Renewals
With rent reviews and lease renewals, sound negotiation skills are vitally important. Negotiating rent reviews and lease renewals demands similar skills to those needed in agency: the surveyor must be absolutely conversant with the state of the market and, by extension, be sure of the market value of the property. The professional team work closely with our agency team to ensure they have a detailed knowledge of
the market.
The skill does not start and end though with market knowledge. The team has a good grasp of the constantly shifting law governing landlord and tenant and effectively use technical arguments to secure strong negotiating positions. We are often instructed on Expert Witness work because of our knowledge and experience. In addition, Nick Eden has the added advantage of seeing the other side of the coin, as he is appointed as Arbitrator or Independent Expert on rent review disputes, as well as acting, on other cases as a negotiator, advocate, case manager or Expert Witness.
Kinney Green are instructed on a number of office, retail and restaurant reviews and lease renewals throughout Central London for both landlord and tenants. The approach can be summarised as follows:
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Detailed and thorough
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Effective use of market and technical experience
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Paying regard to wider issues
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Conviction of arguments
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Effective use of case law to wear down, and
convince any opposition
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Utilisation of arbitration experience
For further information please contact:
Nick Eden FRICS MCIArb
Senior Partner
Professional Department
DDI:020 7643 1510
Email: n.eden@kinneygreen.com