LeaseWise News
Occupancy Rent to Decrease
I have been around shopping centre retail for close to 30 years. The constant that has not been revised is the Shopping Centre Industry’s perception of what each category can afford in sales to rent ratio to determine the market rent. This of course is self-serving. In short they still believe: No adjustment…
Read more...Dog Day Retailing
Much is made of the sale of shopping centre assets by property funds. Every so often news breaks of shopping centres being “re-positioned” with the launching of next-generation retailers, and property portfolios being boosted by the growth of hubs into regional and super-regional centres. But what of the smaller retailers who pump the sales required…
Read more...Myer Beats Landlord’s Litigation Over Chadstone Payments
Myer has won a litigation battle with property tycoon John Gandel, after the Supreme Court of Victoria dismissed his company’s bid to receive $20m in leasing and unpaid outgoings at Chadstone Shopping Centre. On Monday, the Supreme Court of Victoria handed down judgement in favour of Myer and dismissed the claims made by Gandel’s company….
Read more...Due negligence
Last Friday i wrote an article entitled The Retail Traitors and i received both negative and positive comments. The gist of the article concerned the sale of Westfield to Unibail-Rodamco. One commentator suggested that Rodamco had not been sold a pup as i had implied, the reason being that they would have done extensive due…
Read more...Soul Origin to trial a new signature shop fit in the coming months!
LeaseWise client Soul Origin says they’re currently focused on increasing their digital presence, as well as making a move to expand in Western Australia. QSR Media: What’s new at Soul Origin? It’s been an exciting year for Soul Origin. In FYE2017 alone we had already opened 30 new stores, expanding from NSW into the ACT,…
Read more...The Retail Traitors
There is a misguided belief that unless one supports and talks up bricks and mortar retail, that one is a traitor to the ‘real’ retail cause. Look at this absolute pearler which I read recently and which reminded me of an ostrich. “Bricks over clicks – Physical retail rules the world and please don’t let…
Read more...Matchbox Open’s 2nd Store in Western Australia!
LeaseWise are proud to have assisted Matchbox with the opening of their 2nd store in Western Australia for 2017 at Eaton Fair Shopping Centre located in Bunbury south of Perth. Matchbox and LeaseWise shall be bringing another three stores to Western Australia in 2018 with Westfield Whitford City, Westfield Carousel and DFO Perth Airport. The…
Read more...Lowys Out ….. where does Retail go from here???
The sale of Westfield to the French property firm Unibail-Rodamco draws to a close (with a A$32 billion reward) one of Australia’s greatest business success stories. But it also shows where Australian retail could be headed next. Westfield has been at the heart of Australian retail innovation and development since Frank Lowy and Jeno Schwarcz…
Read more...The Schnitzel Craze is Here!
Harry James from Harry’s Schnitzel Joint with their property partner Leasewise have created huge headway in 2017. Harry’s Schnitzel Joint’s position is now cemented as a serious player in the highly competitive fast food category. Harry’s Schnitzel Joint has now grown beyond its Newcastle and NSW Central Coast roots. Leasewise have assisted the introduction into…
Read more...Soul Origin open’s Store 80
LeaseWise proudly announce the opening of Store No 80 for Soul Origin at Galleria Food Court in Melbourne’s CBD. The location as selected by Leasewise is the best in this food court encompassing the area between the main feeder corridor and the only lift foyer entrance to the 60 floor tower. We can select the…
Read more...Proudly representing & growing the following
