Based on over 90,000 tenancy records, the IPD / Strutt & Parker Lease Events Review provides hard evidence on the frequency with which different events interrupt cashflows, addressing key questions such as:

• What proportion of tenants renew when a lease expires?
• How often do tenants exercise a break clause?
• How long is the average void period?
• What is the average rate of default by tenant?
• By how much would the average portfolio increase in value, if it were valued on a cashflow basis, using the probabilities in the Review?

Providing headline numbers at the all property level, the Review breaks down the information by market segments. Using data at this fine-grained level of detail, the Review provides answers to in-depth questions such as:

• Which part of the market suffered the highest level of defaults in 2008?
• How much has the average void period in the office sector increased since 2008?
• Are tenants in over-rented units more likely to exercise a break clause than tenants in rackrented, or reversionary units?  

Download a sample of the IPD Lease Events Review 2008 in a spreadsheet format

Find out how to use the data

The underlying data is used in the IPD/OCCAM Probability Adjusted Cashflow Model (PAC-M) as well as powering the IPD Lease Events Benchmarking Service. To arrange a DEMO or for further information please contact jill.waddington@ipd.com