TY - BOOK AU - Jan Matauschek PY - 2021 CY - Berlin, Germany PB - Peter Lang Verlag TI - Rent Adjustment and Tenant Default in English and German Commercial Property Leases T2 - An Economic and Legal Analysis UR - https://www.peterlang.com/document/1135633 N2 - In recent years, real estate investment has witnessed an unprecedented internationalisation. However, national markets largely continue to be shaped by domestic law and local business practices. This book provides a comparison of the British and German property markets, which are Europe’s most important, and discusses key elements of the economics of leasing. Applying the theory of long-term contracts and the economic analysis of bankruptcy law to leases, it examines in detail the regulations pertaining to rent adjustment and tenant default, which can substantially impact investment performance. The prevailing rent adjustment mechanisms such as rent review and indexation are discussed. A comparison is made of the remedies available to landlords of defaulting tenants under both jurisdictions. KW - Real Estate Economics, Immobilienökonomie, Immobilienrecht, Corporate insolvency LA - English ER -