Act now on upward-only rents

In his Árd Fheis speech on Saturday night Taoiseach Enda Kenny stated “We had intended to legislate to end upward-only rent reviews, but this proved impossible because of constitutional difficulties”.

Our country has the most anti-tenant commercial lease law in the world i.e. upward-only rent reviews tied to long leases, which have destroyed tens of thousands of sustainable Irish businesses and jobs.

This feudal lease law continues to destroy thousands of sustainable Irish businesses and jobs and is damaging the Irish commercial property market and preventing a recovery of the Irish economy.