Apr 15 2010

New Trend in Commercial Property Leasing

In the past few months I’ve noticed a definite trend towards organisations searching for new premises. A year ago, this was not the case at all. The bulk of our work then was negotiating rent reviews and lease renewals. People were still nervous about making decisions in recessionary times. What’s also interesting is that we […]

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Mar 31 2010

Negotiating a Commercial Property Lease

Published by under Industry Commentary

The first thing to realise when you are about to enter into a lease for a commercial property is that there is no such thing as a standard contract. I get concerned that many individuals and organisations believe that commercial property leases are standard [they are not] and that any “standard” variations are simply the […]

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Mar 23 2010

What happens when big corporations vacate old premises?

Published by under Industry Commentary

Reprinted from Parallel Directions.  View the original post HERE! One of the key impacts on the currently flooded commercial property market is the number of large corporate tenants moving to new buildings. In Auckland, there’s a growing list of large banks, insurance companies, management consultants and engineering firms moving to bigger, better, brighter and greener […]

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Mar 23 2010

Beware of impending landlord wars…..

Published by under Industry Commentary

Reprinted from Parallel Directions. See original post HERE! I’m predicting the commercial tenancy market is about to become a bloody battlefield as times get really tough for investors and landlords managing commercial property portfolios. There are five key factors that will cause this warring between landlords. High Vacancy Rates. On 3 November I reported that […]

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Feb 03 2010

How To Educate Your Landlord

Published by under Industry Commentary

The following is a recent blog from Parallel Directions. The commercial rental property market in New Zealand continues to be very much a tenant’s market… but there are many landlords who simply don’t get it. Negotiating myopia It amazes me in the many negotiations I conduct for clients how many landlords take such a short-term […]

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