LeaseWise News

WA’s Mandurah Forum Opens Its First Stage of their $350m Redevelopment

Western Australia’s Mandurah Forum has opened the first stage of its $350 million redevelopments. It includes over 1,600 car spaces and park assist technology, new family-friendly facilities and free WiFi. The Mandurah forum’s retail landlord’s Vicinity Centres and ISPT say it has opened on budget and on time, all the shops are now fully leased….

Zeus Opens 15th Store

Zeus Street Greek opened their 15th store recently at Westfield Chermside in the dining precinct which forms part of Chermside’s $355 million redevelopment. Zeus’s “old meets new” philosophy was the main factor when designing their stores, with choosing the art, wood panelling, geometric tiles, neon lighting and finishing with a raw stone look. The store…

Sumo Salad – “Chicken No More”

Sumo Salad and several Westfield shopping centres have been fighting over rent payments, for some time. Luke Baylis, the chief executive and co-founder of Sumo Salad, on Tuesday took the extraordinary step of putting two of the 20 companies in his group into voluntary administration in order to force several Westfield centres to the negotiating…

Fresh schnitzel franchise heading your way

Fast food franchise Harrys Schnitzel Joint is growing beyond its Newcastle roots, with local and interstate sites up for grabs. Franchise Business spoke to founder Harry James to find out more… What are the expansion plans for 2017? The strategy includes targeting sites within the Central Coast and Western Sydney region. We plan to get…

Zeus Street Greek taps into WA market

April 19, 2017 Inside Retail Zeus Street Greek will tap into the West Australian market, opening its 13th store on May 4 in Mount Lawley in Perth. The store will feature a new generation store design, which Zeus said embodies the chain’s continuous evolution and ‘old meets new philosophy’. The bespoke fit out integrates art…

Zeus Street Greek continues expansion

Zeus Street Greek, will open its 12th outlet at Australia Square’s dining precinct on April 19. The store’s location, which will feature a design that showcases an authentic Greek kitchen, has been strategically selected by the family-owned group of fresh casual eateries, to target the corporate lunch crowd of the area. The launch marks the second foray…

Is the food court dead for franchises?

Ange Kondos, managing director of Leasewise, shares his thoughts about today’s retail and leasing scene. Q: What’s the biggest issue right now for franchisors? A: “The biggest issues for franchisors in retail is to consider that retail has been largely flat, almost regressive, in recent years so occupancy costs or rents have risen by 4…

Zeus Opens Their First Store in ACT

Family-owned group of fresh casual eateries, Zeus Street Greek, is tapping into the Canberra market by opening their first store tomorrow in the ACT. The new location will span a light filled corner block with a contemporary industrial inspired setting. The store design pays tribute to the authenticity of the Greek kitchen within a bespoke ‘street’…

The future of the retail tenancy agreement – time for change?

In a world where customers are increasingly visiting stores to collect goods purchased online and browse so-called ‘endless aisles’ to make digital purchases, retail landlords are beginning to question what really constitutes as an in-store sale. The retail tenancy agreement remains largely predicated on driving higher rents with sales growth, fixed market prices and CPI…

Greek food chain sets sights on ‘fresh casual’ market

Family-owned, Zeus Street Greek, is looking to take advantage of the emergence of ‘fresh casual’ dining precincts across Australia with its new menu and store expansions into new markets this year. Speaking to Inside Retail, Costa Anastasiadis, co-founder of Zeus and formerly co-founder and director of Crust Gourmet Pizza, which was sold to Retail Food…

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