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Lobby group formed against upward-only rent reviews

Leading retailers have formed The Property Market Reform Group to lobby for the abolition of upward-only rent reviews.

The group wants a system whereby rents vary according to market rates but not below the rent at which the lease was signed.

Property companies are likely to oppose the idea, says The Times.

The Times 20/12/00 page 22, page 23 (Commentary)

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