All posts tagged "2009"
Good time to invest?
(2009 Sep) It seems to me there are a growing number of people thinking to themselves now seems like a good time to invest in shop property. But I’m not convinced. Not because life’s difficult for many retailers, and that for many struggling on in the hope of surviving is possibly about the best they […]
Distressed Sellers
(2009 Sep) “Distressed” seller is the latest way for sellers to get rid of rubbish. The sort of properties that nobody else would buy. Start off by putting on the market over-priced. Expect to sell for much less. Attract interest, consider offers much lower than the quoting price. Do some due diligence as to whether the buyer […]
A rare opportunity for landlords
(2009 Jun) Now the credit-crunch has settled, landlords have a rare, possibly unique, opportunity to determine the future of retailing, for good. As I see it, a lot of hard-working decent honourable tenants, good at what they do, have found their property costs inflated as a result of the legacy of a bunch of irresponsible […]
Recession: a time for transformation
(2009 Jun) As I say time and again, essentially, a problem is a fault in direction which, when left to its own devices, may fragment into seemingly different problems, so as to attract attention. It is not enough to resolve a problem: it must be transformed. Finding a solution simply dilutes the problem, until it […]
Pre-pack Administration
My letter published in Estates Gazette, March 2009:“Whilst I agree with Anthony Ratcliffe there seems precious little difference between “phoenix” company and “pre-packs”, I do think landlords could do both themselves and the shop property sector a service by adopting a more robust approach to requests for assignment. Generally, alienation criteria in a lease enable a landlord […]
Rent Review – Time of the Essence
(2009 Mar) Acting for a trustee of a restaurant property in East London, I was instructed to advise and take over negotiations for a rent review where the landlord’s previous surveyor had failed to serve a valid notice and the tenant’s surveyor had questioned the effective date of the review. The trustee’s solicitors had sought […]