Subscribe for Email Updates
The Reserve Bank of Australia’s decision to hold the cash rate at 4.35% provides greater certainty for commercial property owners, while elevated borrowing costs and persistent inflation continue to shape market conditions. For landlords, this environment highlights the importance of proactive asset management. Maximising rental income, minimising vacancy, retaining quality tenants and identifying opportunities to improve asset […]
What are routine inspections? Routine inspections are an important part of a commercial property managers role. They are scheduled visits where a property manager attends the premises to assess its general condition and ensure it is being maintained in accordance with the lease agreement. Unlike residential tenancies, commercial leases are primarily governed by contract law […]
Inflation, a persistent increase in the general price level of goods and services, has significant implications for commercial real estate. As property owners and investors navigate these economic changes, it’s crucial to understand how inflation influences property valuations, rental rates, and tenant stability. In this blog post, we will explore the intricate relationships between inflation, […]
If you keep a close eye on CPI movements for rent reviews and indexation clauses, you may have noticed something unusual in the most recent release: the index numbers no longer align with previously published figures. Before you worry that something has gone wrong with your lease calculations — don’t. The Australian Bureau of Statistics […]
Self-Heating and Spontaneous Combustion Materials that may catch fire by spontaneous ignition are: Spontaneous ignition occurs when a combustible material heats to its ignition temperature through a chemical reaction with oxygen in the air. Oxidation of the material generates heat, which, if not dissipated, accumulates until ignition occurs. This typically happens when materials are piled, […]
Understanding Tenant Insurance and Business Disruption Insurance: When operating a business in a commercial property, managing risks and ensuring the safety of tenants and their businesses is a top priority. A comprehensive insurance strategy plays a crucial role in protecting both property owners and tenants from unforeseen challenges. Two critical forms of insurance that should […]