Client Feedback Survey Results
The Results Are In!!!! We would like to thank everyone who took to time to complete the recent client feedback survey. Over 25% of our owners responded. In a serviced based industry, businesses often choose to not seek feedback for fear of what that feedback might be. More often than not people will willingly spend […]
Land Tax
State Legislated Land Tax is often a significant outgoing for any commercial property owner. Most Net leases are constructed so that landlords are able to recover Land Tax as part of Statutory Outgoings, however, it’s not unusual that some leases will specify that Land Tax is not recoverable, or that it is only recoverable at […]
Commercial Property in an Inflationary Environment
You may have heard that commercial property is a ‘hedge against inflation’ but what does that really mean? Let’s look at the fundamentals and see why commercial property still works in an inflationary environment. Yield It’s important to remember that the valuation of all business is really based on the future stream of cashflow. That’s […]
What are outgoings on a commercial rental property?
Thinking of making that next step with your business and leasing a commercial property? Whilst the rent is a very important factor to consider – another one, often overlooked is the outgoings. If you have not been a commercial tenant before you may not realise that you may be required to pay both the rent […]
Why you need a Commercial Property Manager
Why you need dedicated Commercial Property Management to maximise your Investment Return Entering the commercial investment property market can be a daunting experience for any Landlord. There are so many factors to consider; How do I choose the right tenant? Do I know what clauses are necessary to ensure I am protected in the lease? […]
The Future of Commercial Property
Don’t Believe the Property Market Hype! The Residential Market may be exploding, but what is really happening in the commercial sectors and what does it mean for you? In almost all major east coast cities, residential sales records appear to be being broken every week. What’s more, is that the regional markets and lifestyle destinations […]
Outgoings Explained
There are many costs associated with running and holding a building. In this article, Commercial Property Manager, PurePM explains Outgoings.
Landlords and Tenants take note!
Landlords and Tenants take note! The time has come to “Love the one you are with”! In an age when almost everything is seen as short term and disposable, the time has come to rethink the way we look at our relationships and specifically the relationship between landlords and tenants. For too long now it […]
Commercial Real Estate: Make Good Clause Explained
Commercial Real Estate: Make Good Clause Explained There is definitely a certain amount of expertise required to negotiate the Make-Good both at the start of and end of the lease. The make-good provision in a commercial real estate lease is often the most contentious part of any Lease agreement. It is a standard inclusion to […]