Can lease incentives be clawed back?
If a lessee is in the wrong and has breached the lease resulting in a premature lease termination, you would expect the lessor would be able to claw back its...
How to negotiate a favourable commercial lease agreement in the current market
You’ve found the perfect retail space for your business and now it’s time to negotiate a lease. In the second part of this ‘How to Retail‘ Zelman Ainsworth, Director of Ainsworth...
Is Oporto the same as KFC?
How much control do you have, as a lessor, over the type and style of a proposed retail operation when it comes to a lease transfer? You’ve leased a shop...
When is a lease agreement not an agreement?
We see in retail leases the phrases, “the parties agree to agree on…” and “the parties will discuss and agree on…” But what if they don’t agree? How can a...
Damage and destruction in retail shop leases
We live in a time of natural disasters; floods, storms, fires and the like! Often, property is a casualty. In our business, it leads to loss of stock, damage to...
WA to review commercial tenancy laws for retail shops
The laws which govern commercial tenancy agreements between small retailers and landlords, including shopping centre owners, are being reviewed by the McGowan Government. On Friday 10 June, the West Australian Government...
COVID-19 and lease extensions: more red tape
There’s good ‘practical advice’ here and it’s COVID-19 related. Leases have been extended to match up to negotiated rent deferral periods. But what about notices regarding ‘end of lease’? What...
Russell Zimmerman partners with LeaseInfo as distributor
This month, Russell Zimmerman, former Executive Director of the Australian Retailers Association (ARA) will be joining Australia’s premier provider of retail-leasing services – LeaseInfo, as a national and international distributor...
Victorian Retail Leases Bill: not the answer
Victoria has just introduced a Bill that could establish a ‘commencement date’ in a retail lease, in a centre that hasn’t yet been built! Sounds a bit looney doesn’t it?...
Accurait® is revolutionising the automation of lease abstraction
Lease abstraction is one of the biggest administrative burdens in retail leasing. The manual processing of entering key data points from leases is a pain point for any company managing...
Minimum 5 year term bites another tenant
Another case of poor legislation in South Australia where, (yes unbelievably) there’s a minimum 5-year term of lease. It was instigated to ‘protect tenants’ but as Robert Speirs reveals, it’s...
South Australian Retail Leases Amendment Bill tabled in Parliament
The South Australian Government began a review of the Retail and Commercial Leases Act in 2014. A Bill has just been tabled proposing some 28 amendments to the Act. The...
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