Rent review negotiated on behalf of BEKO Plc

Following an acquisition of BEKO’s Plc HQ offices a few years ago De Villiers have entered into negotiations with the landlord and successfully negotiated a rent review at these premises. The landlord originally sought an increase of 73% in the current passing rent and following negotiations a small increase of 12% has been agreed resulting…

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Will the new business rates reforms have unintended consequences?

As June finally brought in the summer weather, it also brought with it reforms that business rates payers have long been waiting for. First announced in the Autumn Budget way back in 2017, the Government has announced new legislation which means that businesses will now pay rates that better reflect current property values. Under the…

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Residential market comment

There is certainly an increase in activity in the market over recent months as buyers have decided they cannot wait any longer for duplicitous politicians to do their job properly, so are now committing to move despite the uncertainty of Brexit. This is particularly noticeable at the upper tiers of the London market, which have…

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Latest Residential Market Comment

There generally does seem some positive data coming through from the agents in the Central London Residential market over this first quarter. This is a welcome change after being so long in the doldrums. Whilst this is a mixture of buyers no longer wanting to wait for politicians to get their own houses in order,…

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