The rent discussions are said to focus on areas such as payment frequency and break clause terms.
Firms are attempting to negotiate cheaper rent with their landlords among other things, according to interviews with several major estate agents.
May 21, 2020 at 06:12 AM
1 minute read
Reporter
Law firms across London are negotiating with their landlords about ways to ease the rent burden they face during the lockdown, according to several real estate agents.
The most common areas of discussion are on changing the frequency of payments, renegotiating break clauses, and foregoing certain services in exchange for cheaper rent, according to the people, all of whom held senior roles at major real estate companies.
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