27 Jan 1995
BAYER CHINA CO LTD v. MID-LEVELS PORTFOLIO (BRANKSOME) LTD
- Citation
- BAYER CHINA CO LTD v. MID-LEVELS PORTFOLIO (BRANKSOME) LTD
- Court
- Lands Tribunal
- Case number
- LDNT2589/1994
The respondent failed to discharge the onus of showing sufficient reason to vary the current tenancy to include a redevelopment break clause; consequently the Tribunal refused the variation, preserved the tenant's security of tenure, and fixed the Prevailing Market Rent at HK$90,000 per month as at 14 July 1994, granting a new two‑year tenancy from 15 July 1994 on the same terms as before (with an updated deposit clause).