IPF WEBINAR: TURNOVER LEASES: THE DIFFERENCE AND INTERACTION BETWEEN VALUE AND WORTH. PART 1 – THE ISSUES, DRIVERS AND CHALLENGES: A SURVEY OF CURRENT PRACTICE

The move towards turnover-based leases has been widely reported, though with little accompanying analysis of the variation in their terms or the motivation behind their use.

Drawing on a survey of leading valuers, investors and retail agents, this webinar will discuss whether turnover-based leases are a short-term market adaption in difficult economic circumstances or a growing trend that will become a more common feature in the UK market. It will explore whether current valuation models have been able to adapt to turnover-based leases or whether a different model needs to evolve and the implications for the calculation and interpretation of published yields and rent series

CHAIR

CARA REYNOLDSON, JLL

SPEAKERS

NICK FRENCH, Real Estate Valuation Theurgy

RIKESH PARMAR, Riverton Partners

PANELLISTS

DAVID LUSHER, Cushman & Wakefield LLP

JOSS DOBBIE, Deutsche Asset Management

MALCOLM FRODSHAM, Real Estate Strategies

SIMON MORRIS, GCW