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
- LDPD2589/1994
Respondent failed to show sufficient reason to vary the current tenancy by inserting a 6‑month redevelopment break clause; redevelopment was only a distant possibility and the statutory scheme prioritises tenant security for short statutory tenancies, therefore the new tenancy is to be granted on the same terms for two years and the prevailing market rent as at 14 July 1994 is fixed at HK$90,000 per month.