Corporate funds management typically focuses on the short to medium term, usually between 3 to 5 years, aiming for immediate profits and favourable outcomes for shareholders. Business plans may span a decade, but the reality is that priorities often centre on the next couple of years. This approach can be problematic when investing in [...]
In managing a commercial property portfolio, one of the most vital factors influencing profitability is the strength of tenant covenants and the clarity of lease terms. However, a critical yet often overlooked element is a comprehensive understanding of the lease agreements themselves. Specifically, clauses related to repairs and maintenance can have a profound impact [...]
The commercial property market is currently navigating some interesting challenges. There's the ongoing debate over work-from-home and hybrid working models, which threaten corporations' demand for office space. Construction costs continue to rise, squeezing feasibilities and development opportunities. Cap rates have softened due in part to volatile economic conditions. Additionally, unpredictable global weather patterns highlight [...]
In the realm of "Data-driven decisions," organisations often grapple with workspace strategies. Post COVID-19 research offers crucial insights into workplace dynamics, aligning seamlessly with Redd Zebra's recent space utilisation study across several commercial CBD office locations. The PCA Office Occupancy figures for February 2023, show trends across the reported states with office occupancy rates [...]
With steadfast tenacity, unwavering integrity, and a commitment to authenticity, Redd Zebra proudly commemorates its fifth year of operation. Our journey has been marked by diligence, resilience, and the preservation of our core values. This milestone is not about extravagant celebrations or self-adulation; rather, it symbolizes the culmination of dedicated efforts, overcoming challenges, and the [...]
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 [...]
Not one to shy away from a challenge; and let's face it we have all been challenged since the onset of COVID, Redd Zebra's MD Keith Merry took another leap of faith. Keith completed his first skydive (tandem) reaching a height of approximately 4.2klm (14,000ft) in a perfectly serviceable light aircraft, before the leap [...]
