In our previous post, we delved into the intricate world of "make good" provisions within commercial lease agreements. We explored the challenges these clauses often pose to both landlords and tenants, touching upon interpretations, financial implications, sustainability concerns, and more. As we continue our journey through the realm of commercial leasing, it's time for [...]
Amidst the dynamic landscape of Australia's $49.15 billion commercial real estate industry, featuring over a million commercial leases managing the interactions between landlords and tenants, understanding the intricacies of the "make good" provision is pivotal. With tenants seeking to mitigate future disputes and report contingent liabilities (AASB116, AASB137, IFRS16) and landlords striving to safeguard [...]
The evolving dynamics of remote work and office-based operations have raised important questions about the existing workplace infrastructure and its compatibility with the current workforce. Redd Zebra recently consulted with prominent tenant representatives who have observed a fundamental shift in the way we work over the past two years. While corporations and governments encourage [...]
Early in 2020, as the world was entering the first stage of what was to become ongoing lockdowns, images were broadcast around the world showing pollution free skies and clearing waterways. If there was any doubt before, here was pictorial evidence that our modern way of life was having an undeniable impact on the world [...]
The global response to the pandemic has impacted the leasing market with changes being felt across all sectors. Vacancy rates are rising and subleasing of office space is reported at record highs in Australia's eastern state capitals. Organisations that were reluctant to ‘trust’ their employees to work from home over productivity issues and employee [...]
Honoured to be asked by Preston Rowe Paterson to present at their annual conference. Redd Zebra provided an update on the ACP issue and ramifications in Australia, with first hand examples on a number of due diligence projects. The presentation highlighted how the Commonwealth is looking to each State and [...]
