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Curate to Accumulate

Back in 1983, when Property Vision was founded, 25-year leases were still very much the norm in the UK commercial sector. By the first half of last year, according to MSCI’s research1, the average new lease had shrunk to just 6.3 years—and had dropped by 5 months since 2018. Why are we seeing this tightening, and what are the implications for investors?

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