On behalf of a private client, Nectar AM have been able to successfully negotiate a significant increase in rental income relating to a leisure property in Brixton. The new rent was agreed with the tenant without the need for Arbitration. Richard Thomas at Savills assisted Nectar AM with the review.

Charles Sherratt-Davies, UK Director of Nectar Asset Management comments “While London is seen as being an easy win when it comes to property investment and ever increasing rents, being able to actually secure increases at review outside of Zone 1 is not an easy task. Tenants are now used to fighting any proposed increases in rent, and there are significant financial risks of going to Arbitration. We are therefore extremely happy that we were able to agree an increase at this review”