TY  - JOUR
AB  - Purpose– The purpose of this paper is to look at the problem caused by the operation of break clauses contained in commercial leases – a predominantly UK phenomenon, a consequence of longer lease terms.Design/methodology/approach– The pitfalls that can befall a corporate occupier are numerous and the authors of this paper share some of their recent experiences to highlight issues that can arise and how a Corporate Real Estate Manager or advisor can avoid or minimise those risks.Findings– For corporate occupiers, the operation of a break clause can be fraught with difficulty and its successful implementation requires a strategy to be put in place well in advance of the break date.Originality/value– The paper shows how turmoil in the wider financial market could make the flexibility that breaks offer very important to certain businesses.
VL  - 10
IS  - 2
SN  - 1463-001X
DO  - 10.1108/14630010810905615
UR  - https://doi.org/10.1108/14630010810905615
AU  - Cooke Howard
AU  - Woodhead Simon
PY  - 2008
Y1  - 2008/01/01
TI  - Break strategy – the key to breaking out
T2  - Journal of Corporate Real Estate
PB  - Emerald Group Publishing Limited
SP  - 110
EP  - 120
Y2  - 2024/09/20
ER  -