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Insight | Legal Alert

United Kingdom: Extension of COVID-19 enforcement and rent recovery restrictions for commercial leases

Restrictions preventing eviction of commercial tenants for non-payment of rent will remain in place until 25 March 2022, the UK government announced on Wednesday 16 June, with rent recovery restrictions also extended to variable dates.
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Maximizing returns on investment in the global real estate industry has become increasingly challenging, as a shortage of prime assets coupled with ongoing economic uncertainty has forced investors to be more strategic about pursuing opportunities. In the next decade, investment strategies are expected to shift, with more emerging countries becoming target markets and real estate development in Asia expected to boom.

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