This week on Drivetime’s ‘Talking Money’ we discussed the idea of long term leases and how to negotiate them. There is an issue in Ireland that many people don’t consider long leases because deep down they are a latent buyer who hasn’t gotten out yet. Equally landlords may feel they miss out on price moves that may benefit them, or that there is some kind of legal commitment that outstrips the Part IV tenancy which exists after 6 months (it doesn’t).

Longer leases equate to more sustainable cashflows and better predictability of the income streams from the asset, they are an example of a ‘win-win’ situation for all parties.