Corporate landlords are offering more flexible lease terms in a bid to help meet their tenants' business needs, says a new survey.
The survey, carried out by the CBI and property advisors GVA Grimley, questioned corporate occupiers on the extent to which their property meets the demands of modern business. The results are given in a report entitled Commercial Property ' Meeting the Needs of Business.
The results indicate that landlords have become more willing to align lease terms with business needs. Only 11% of respondents thought that landlords are not willing to offer flexible lease terms, compared with almost a third (32%) who believed this to be the case five years ago.
GVA Grimley's national head of research Stuart Morley said: "This is positive news for the property industry, as it in...