Dilapidations – measure of damages – diminution in value of reversion – assumed redevelopment – airspace

Ravengate Estates Ltd v Horizon Housing Group Ltd & others [2007] EWCA Civ 1368 (19 December 2007)

This case raised a number of interesting issues arising on the termination of a lease of part of a building including the extent to which air space above one of the floors and above a balcony was included in the demise, the redevelopment potential and the cap imposed by s18(1) Landlord and Tenant Act 1927.