Commercial property leases hit lowest leases period since records began.

Over 80% of all new leases signed are at five or less years with many new commercial occupants never to face a rent review. With only 3% of businesses having a ten year lease or longer lease period it seems that 2009 has been a tough year for landlords and tenants as the old adversaries have battled hard to negotiate more favorable terms during a tougher economic background.
There are many property professionals that believe that the commercial property world has reached the point of no return where long lease periods will soon be assigned to history.