Warning over 'short-sighted' ban on upward-only rent reviews

Landlord representatives today slammed a new ban on upward-only commercial rent reviews as short-sighted and damaging to the economy.

Warning over 'short-sighted' ban on upward-only rent reviews
Tue, 01 Dec, 2009 - 14:33

Landlord representatives today slammed a new ban on upward-only commercial rent reviews as short-sighted and damaging to the economy.

Justice Minister Dermot Ahern said the time had come to outlaw the controversial clauses, which were attacked by struggling firms as the grip of the downturn tightened.

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