He said landlords may now be deterred from consenting to lease assignments where the covenant strength of the assignee is unproven, «increasing the risk of high street shop units and
other commercial properties remaining empty and unused».
Not exact matches
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Zell said in a panel discussion that he expects
commercial real estate prices to
remain high, keeping the yield on
properties low, because investors from Saudi Arabia, Hong Kong and
other parts of the world favor the relatively safe and predictable returns U.S.
properties offer.
The impact of such requirements could be most significant on retail
properties, both because of their vast, water - unfriendly parking lots and the fact that retail is altered more often than
other commercial property types to
remain attractive to customers.