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Michael Lever

The Rent Review Specialist

All posts tagged "2026"

Institutional investors and upward/downward rent review

(2026 Apr: LinkedIn) – Upward / downward rent review will not, in my view, be an issue for institutional commercial property investors judicious in buying. Unlike private investors whose time-horizon ranges from personal pension to generational, with rarely any wider responsibility, institutional investor decision-makers are more likely responsible for hundreds/thousands of people whom they are […]

Twickenham – 44 King Street

(2026 March) In Twickenham, 44 King Street –  next door to TG Jones (ex WH Smith) – my client bought the freehold investment at Allsop auction in April 1984: joint auctioneers, Langley & Taylor, London WC1: a ground floor lock-up shop with part-covered yard, and separate storage (ex-stable) at the back, all on one lease […]

Canvey Island – 45 Furtherwick Road

(2026 March) In Canvey Island, Essex, the two shops 45 and 51 Furtherwick Road pre-date my acting regularly for the landlord since 1976. Both shops are ground floor and first floor ancillary, with rear vehicle access. Furtherwick Road is Canvey’s principal road, the Knightswick Shopping Centre nearby.  51 had been used as sn optician for […]

RICS DRS: Third party inexperience

Feb 2026. Rent review and third party reasons. I act for a freeholder/ landlord whose tenant is a quoted property company. The tenant sub-lets the property to two different occupiers. The rent review in the head-lease between my client and prop co went to arbitration. In my submission to the arbitrator, I advocated that the […]

RICS DRS – the first 50 years

Feb 2026 – The RICS DRS marking 50 years this year is to be congratulated. I have paid tribute direct including. of course, it helps to have a monopoly for appointments in probably every lease of commercial property in England and Wales. It wasn’t always thus. My experience of dispute resolution pre-dates the RICS DRS. […]

Case law: a challenge for lawyers.

(2026 Feb: LinkedIn) At rent review, we surveyors are told that, according to case law, arbitration awards are not admissible evidence because it depends upon the evidence presented to the arbitrator. However, something that (sort of*) makes sense to surveyors doesn’t apply to lawyers. Whenever one obtains a lawyer’s advice or opinion, invariably it will […]

Commercial property a safe bet?

(2026 Feb: LinkedIn). Property owes its reputation as a long-term hedge against inflation to its potential for rental and capital growth. But for commercial property it is, in my opinion, a reputation well past its shelf-life. A consequence of what is known as yield compression, the attraction of commercial property as a safe bet has […]