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I would not assume that keeping the rent unchanged is automatically the relationship-friendly option. If the gap keeps widening, a later adjustment may feel much harsher. A smaller review now could be easier for both sides, provided it is permitted under the lease and local rules. Give the...

I would anchor the exercise to the completed sale, provided its location, condition and stated floor area are genuinely comparable. I wouldn’t apply a generic condition percentage: estimate the work required and deduct that cost, plus something for disruption and uncertainty. The biggest...