LeaseWise News
Tenants force malls to cut rent as sales slump
AUSTRALIA’S biggest shopping-centre operators, Westfield Group, Stockland and GPT Group, are lowering rents for new stores while existing tenants call for cuts as major mall sales drop for the first time in a decade.
Read more...Rent Revolt: How to Win!
We have heard how retail is under threat in Australia and we have heard the reasons why. Undoubtedly there is not a retailer out there who will disagree that rent and wages are the killers. In this column we will examine how to reduce your rent to help retail survive, unlike manufacturing which has been slowly dying for years. Wages we will leave till next time.
Read more...Proudly representing & growing the following
