
That Retail Property Guy
Welcome to That Retail Property Guy, the podcast where retail property expert Gary Marshall champions retail tenants and empowers professionals across the industry. With a career spanning decades, a dozen retailers, and millions in recovered losses for leading UK retailers, Gary shares his unparalleled knowledge to help retail tenants protect their rights, navigate leases, and maximise opportunities often overlooked by landlords, estates and accounts teams.
This podcast is your go-to resource for unlocking the mysteries of retail property. Whether you're an experienced professional, a mid-sized chain, or someone just starting in the industry, Gary’s insights will help you build confidence, avoid pitfalls, and thrive in this complex field.
Through practical advice, real-world examples, and interviews with industry leaders, That Retail Property Guy is dedicated to fostering development and knowledge-sharing for the next generation of retail property experts.
Listen weekly and discover how small insights can lead to big wins for retail tenants everywhere. Start your journey to retail property mastery today!
That Retail Property Guy
Breaking the Ratchet: How New Lease Proposals Could Ban Upward-Only Rent Reviews
The Impact of Banning Upward Only Rent Reviews: A Deep Dive
In this episode of 'That Retail Property Guy,' host Gary Marshall explores the UK government's surprising proposal to ban upward-only rent reviews in commercial property leases, a move that could have significant ramifications for tenants and landlords alike. Gary examines the potential benefits and pitfalls, the history of ratchet leases, and considers reactions from various industry stakeholders. He also discusses the broader implications for investment, stability and market operations if this proposal becomes law. Listeners are invited to engage with the debate and stay informed as the bill progresses.
00:00 Introduction to That Retail Property Guy
00:36 Government's Proposal to Ban Upward-Only Rent Reviews
01:12 Understanding Upward-Only Rent Reviews
01:38 Reactions and Implications of the Proposal
02:20 Details of the Proposed Bill
04:13 Potential Loopholes and Legal Considerations
05:16 Tenant Perspectives on Upward-Only Rent Reviews
07:08 Landlord Perspectives on Upward-Only Rent Reviews
10:41 Economic, Market and Pension Implications
13:13 Conclusion and Next Steps
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Go to ThatRetailPropertyGuy for more on Gary Marshall, Smarter Estates and the TRPG podcast. You can also check out the TRPG Blog for reading versions of key episodes.
For our niche 'Accounts Recoverable in Retail Property' business services, visit SmarterEstates
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