LEASEWISE NEWSLETTER Dec 2024

DECEMBER 2024 NEWSLETTER

2024– a tough year but one of opportunity for retailers that are good at what they do.

Opportunity beckons when the general market is down and despite the false messaging it is way down.

Fashion and general retail are doing it the toughest and non-discretionary is holding but other pressures erode returns.

Utilities, cost of labour and poorly skilled labour are the bug bears.

Leasewise 237 Projects

JAN 2024 TO DEC 2024

We have had another record year with 237 transaction, 32% of those new sites, 23% renewals, 19% disputes, 5% surrenders and 8% reshaping or varying leases to continue trading.

The challenges have been aggression and pressure from the institutional owners to maintain rents with almost childish requests for increases at times.

Makes for an interesting 2025.

Merry Christmas, Happy New Year and Happy Australia Day in January to all !!!!

I leave LeaseWise to the capable people who make our business and I’m sure I will have some say in retail from a different platform.

ANGE KONDOS

New Sites by Region

Store Openings in 2024

FURTHER STORES COMING SOON

Cobb & Co – Plumpton NSW

Harry’s Scnitzel -Wallend NSW

Espresso  -Southgate VIC

Espresso – Collins Square VIC

Play IT – Southgate VIC

Wootea – QVB NSW

Our commitment to our retail partners is to continue achieving exceptional outcomes for their businesses. Retailers looking for tailored leasing assistance, feel free to reach out to one of our expert & passionate team member who can provide specialised retail leasing services across a broad range of retail categories.

 

Find out more about our services

Wishing you a Joyful and Safe Holiday Season

and to a Happy New Year !!

Thank you for being a part of our journey
The Leasewise Team