Canary Wharf Investments (Three) v Telegraph Group Ltd [2003] EWCH 1575 (Ch)

Canary Wharf Investments (Three) v Telegraph Group Ltd [2003] EWCH 1575 (Ch), a decision of Neuberger J, as he then was, was given in June 2003.

The background

CW as landlord sought a declaration from the court that the length of the hypothetical term of 25 years to apply was required to be assumed, for rent review purposes, to be a term of 25 years running from the date of the commencement of the actual term of the lease, which was 1 April 1992. TG as tenant argued that the hypothetical term should run from the relevant review date of 1 April 2002.