Commercial lettings database

A new public database which will record details of all future commercial letting arrangements in the Irish real estate market and rent reviews under those leases is expected to have a significant impact upon negotiation of leases and rent reviews.

The Property Services Regulatory Authority (the “Authority”) was established as a statutory body on 4 April 2012.  Its functions include the establishment and maintenance of a database containing details of commercial leases and rent reviews.- Mondaq