Institutional Leases - Everything You Need to Know Live at Your Desk
Introduction
The term ‘institutional lease’ first appeared in practice back in the 1980s. However, as the years have passed the bargaining strength of institutional landlords has weakened considerably.
This virtual classroom seminar will give practitioners a clear indication as to what terms these investors are likely to achieve in today’s market.
By the end of this course you will have been given an outline of what landlords are typically looking to achieve in today’s market. This will potentially make negotiations of new leases easier and hopefully less time will be spent trying to include unrealistic amendments. It will also be key in relation to undertaking due diligence when acquiring properties subject to leases when acting for institutional landlords.
What You Will Learn
This live and interactive course will cover the following:
- Define what constitutes an ‘institutional lease’ and how has it evolved over time?
- What are institutional investors looking to achieve in their commercial lettings?
- Identify which key provisions institutional investors are likely to accept and where concessions might be accepted. This will cover the areas of greatest concern, including insurance, repairs, service charge and rent review
- Spotting the red flags - Points to consider when reporting to clients on existing lettings and understanding the implications from a landlord’s perspective
Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.