When it comes to renting a commercial property, many investors struggle to calculate the right amount to charge. Charge too much, and your property will be at risk of sitting unclaimed on the market for an extended period. Conversely, charge too little, and you’re reducing your return on investment and may potentially devalue your property. So how do you determine the right balance? Lawyer and solicitor Glenn Duker offers some guidelines. Continue reading Commercial Property Investors – How Much Rent Should You Charge?
Retail leasing today is significantly more sophisticated and has better protections for a tenant than a decade ago. Across Australia, in various jurisdictions, there are many things in favour of tenants nowadays. Examples would be key money and lease duration. Another is the matter of the security deposit. Continue reading Three Important Retail Lease Considerations
The role of a tenant’s lawyer is to assist the tenant to get the best lease possible deal. The purpose of this short article is to look at three different aspects that will hopefully be helpful for you as a tenant entering into a new lease, with an emphasis on your proposed use of the building and the importance of the other tenants in your immediate vicinity. Continue reading Permitted Use, Tenancy Mix and the Anchor Tenant
When it comes to managing your commercial property, there are no set rules or ‘tricks of the trade’. However, use of common sense and an experienced property manager can ensure both parties to the lease are happy throughout its duration. Continue reading Avoiding Issues with Your Commercial Lease
So, the time has come for you to sign a new retail lease, or to renew a current one. Unfortunately, many lessees sign on the dotted line without attempting negotiation. However, by speaking up, it may be possible to get a reduction in rent, or to haggle better lease terms. If you are going to pursue negotiation, here are a few useful tips from lease lawyer Glenn Duker to help you obtain the best deal.
If you’re looking to lease a commercial location, it’s important to consider a wide range of factors to ensure the location is suitable for your business. A well-chosen location can contribute to your business’s success, while a poorly chosen one can have disastrous results. In this article, professional lease lawyer Glenn Duker lists 3 considerations to keep in mind when searching.
Think your retail lease is on the pricey side? In this article, lease lawyer and solicitor Glenn Duker takes a look at the 10 most expensive retail lease locations in the world.