Rent Reduction Negotiations – A guide for Landlords
Rent reduction discussions are commonplace in the current Irish Property market particularly in the retail area but they need to be seen for what they are; A Re-negotiation of Existing Lease Terms.
If you are in the business of re-negotiating lease terms then why stop at the rent? It is important that landlord’s asset managers and their funders are live to the opportunity to exchange potentially lucrative improvements in their overall lease profile for any rental concessions made to a tenant. We have set out some examples in our guide:
Rent Reduction Negotiations – A Guide for Landlords (PDF)