The future of leases after Covid-19 - evolve or perish?

Leases no longer suitable post-Covid

clock • 4 min read
Laura Darwin and Paul Jayson of DLA Piper.
Image:

Laura Darwin and Paul Jayson of DLA Piper.

Leases have historically been slow to evolve. Traditional fixed rent leases are inherently predictable and inflexible, with a focus on security of occupation for tenants and income for landlords.

This comes as no surprise given that, after staffing costs, the largest overhead for most businesses is real estate. However, in recent years there have been nudges towards greater flexibility and innovation,...

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