Written by The Leasing Department We’re already one-twelfth of the way through 2018! How are those new year’s resolutions going? In our last article, “Five New Year’s Resolutions for your retail lease”, we recommended the following resolutions we believe would ensure your lease is healthier and more financially secure in 2018: Complete a retail lease […]
The Shopping Centre Council of Australia (SCCA) and the National Retail Association (NRA) have welcomed today’s determination by the Australian Competition and Consumer Commission (ACCC) to re-authorise the Casual Mall Licensing Code of Practice. The Code, which provides for the balanced and consistent management of casual mall licensing in shopping centres, was first authorised by […]
Rental overheads are the biggest challenge keeping retailers awake at night, according to Inside Retail’s 2017 Australian Retail Outlook. Leasing expert, Kyle Swain, explores the current issues and trends in leasing and the best ways for retailers to negotiate better terms. By Kyle Swain, The Leasing Department Over the past three weeks, we have examined the […]
Rental overheads are the biggest challenge keeping retailers awake at night, according to Inside Retail’s 2017 Australian Retail Outlook. Leasing expert, Kyle Swain, explores the current issues and trends in leasing and the best ways for retailers to negotiate better terms. By Kyle Swain, The Leasing Department Over the past two weeks, we have examined the […]
Rental overheads are the biggest challenge keeping retailers awake at night, according to Inside Retail’s 2017 Australian Retail Outlook. Leasing expert, Kyle Swain, explores the current issues and trends in leasing and the best ways for retailers to negotiate better terms. By Kyle Swain, The Leasing Department Last week, we examined the issues and trends making […]
by Kyle Swain, The Leasing Department The catastrophic damage caused by Cyclone Debbie across Queensland and northern NSW in the last week has been devastating for so many families and business owners. Unfortunately, many retail businesses never recover from these natural disasters. Those who do, often struggle under the weight of massive financial losses resulting […]
A new large format retail centre, Lifestyle Connection Woodpark, will soon commence construction at Smithfield, in Sydney’s South West. The site will offer a range of store sizes from 70sqm to over 6,000sqm of large format space. Located on the Corner of Woodpark Road & The Cumberland Highway Smithfield, the centre will comprise some 45,000sqm in Retail […]
The NSW Retail Leases Amendment (Review) Bill 2016 has now passed parliament and will soon become law. The commencement date is to be gazetted by parliament at later date. The amendment brings in a number of changes for retailers in NSW: 1. Jurisdictional Limit The New South Wales Civil and Administrative Tribunal (NCAT) may now […]
The National Retail Association is proud to announce a new strategic partnership with The Leasing Department as its preferred provider of leasing and tenancy services nationally. The Leasing Department will play a key role in guiding NRA members on leasing and tenancy issues affecting their business as well as provide input on leasing and tenancy […]
by Kyle Swain, The Leasing Department 1. Act early to get the best deal Taking a proactive approach to key lease events such as lease renewals and market rent reviews allows you to take full advantage of your rights under the retail lease act relevant to your state or territory. By acting early, you can […]
The Northern Territory Government is seeking comments from the public on a proposal to streamline the regulation of retail shop tenancies. The purpose of the Business Tenancies (Fair Dealings) Act (the Act) is to establish a regulatory framework that promotes greater certainty, fairness and clarity in the commercial relationship between landlords and tenants in certain […]