19 Apr 1989
ORIPUMA INVESTMENTS LTD v. WALTER YEUNG & CO
- Citation
- ORIPUMA INVESTMENTS LTD v. WALTER YEUNG & CO
- Court
- Court of First Instance
- Case number
- HCMP1913/1988
The renewal clause must be construed to calculate rent by reference to the average unit rent per square foot for comparable office accommodation in the building, excluding shop rents but including office rents obtained by the landlord (including those paid by Lane Crawford for floors used as offices), because this construction gives effect to the commercial purpose of the clause and avoids an artificial result; the correct resultant rent is $15.17 per square foot per month.