With tough times come dirty tricks Desperation is biting in the commercial real estate industry. There are very few commercial tenants looking for space right now, and many agents that specialise in commercial leases are consequently struggling. With tough times come dirty tricks. One ploy that is on the rise is… Desperation is biting in the commercial real estate industry. There are very few commercial tenants looking for space right now, and many agents that specialise in commercial leases are consequently struggling. With tough times come dirty tricks. One ploy that is on the rise is where a Continue reading “With tough times come dirty tricks”
Opportunities & threats of the Rugby World Cup It’s now just over two years until the Rugby World Cup is staged in New Zealand. The biggest impact is likely to be in Auckland where there will be eight games including the semi finals and final at Eden Park. But stadia… It’s now just over two years until the Rugby World Cup is staged in New Zealand. The biggest impact is likely to be in Auckland where there will be eight games including the semi finals and final at Eden Park. But stadia Continue reading “Opportunities & threats of the Rugby World Cup”
Spring clean your lease for the future With frosts on the ground it might seem a little early to be talking about spring. But when it comes to the property lease market and looking out to the future, the market’s current sway in favour of tenants is an ideal time to… With frosts on the ground it might seem a little early to be talking about spring. But when it comes to the property lease market and looking out to the future, the market’s current sway in favour of tenants is an ideal time to Continue reading “Spring clean your lease for the future”
Smart ways to shift focus I’ve been posting this blog for well over a year now, and I’d like to think we give readers a good heads-up on trends in the property lease market, as well as some insights into how the market works behind the scenes. So it was interesting for me this week to take some of this expertise into the mainstream news media as a commentator on TVNZ’s business programme: NZI Business June 5: Renters’ market for office space… I’ve been posting this blog for well over a year now, and I’d like to think we give readers a good heads-up on trends in the property lease market, as well as some insights into how the market works behind the scenes. So it was interesting for me this week to take some of this expertise into the mainstream news media as a commentator on TVNZ’s business programme: NZI Business June 5: Renters’ market for office space Continue reading “Smart ways to shift focus”
Make the most of now To steal a line from the well-known Vodofone ad, now is good for having a close look at reviewing commercial leases across New Zealand. There are a number of reasons why now is good. Firstly, I … To steal a line from the well-known telco ad, now is good for having a close look at reviewing commercial leases across New Zealand. There are a number of reasons why now is good. Firstly, I think it’s time we moved on from a wait and see attitude about the markets and international economic conditions. Secondly, there are very few new leases being drawn up at the moment. Many new building projects are on hold, and the majority of Parallel Direction’s work with tenants right now is getting better outcomes on renewals and rent reviews. Continue reading “Make the most of now”
The ins & outs of subleasing Subleasing or assigning space in commercial property is an area of great interest to commercial tenants right now. More and more commercial tenants are finding they would like to… Subleasing or assigning space in commercial property is an area of great interest to commercial tenants right now. More and more commercial tenants are finding they would like to sublease or assign space that has become surplus to their requirements. Continue reading “The ins & outs of subleasing”
Rethinking work hours can create a new ‘space’ age! I love it when great ideas collide, offering far reaching solutions. One such idea I just came across was the concept of a… I love it when great ideas collide, offering far reaching solutions. One such idea I just came across was the concept of a 14 Hour Working City from James Calder reflecting on new solutions for efficiency in London. Continue reading “Rethinking work hours can create a new ‘space’ age!”
Getting the real oil Now like never before, businesses need solid information for decision making. There is certainly no lack of information around with Google at our fingertips. But the trick is to… Now like never before, businesses need solid information for decision making. There is certainly no lack of information around with Google at our fingertips. But the trick is to be able to discern the real oil; what’s accurate, and doesn’t have hidden agendas or bias. The other thing is that people need that solid information fast, without spending hours researching. Realising this need was part of my motivation to prepare Parallel Directions’ first e-book special report. The topic is: What You Should Be Aware of Before Relocating Commercial Premises. Continue reading “Getting the real oil”
Thinking ahead to the new decade The property lease market today is incredibly fluid so the terms and conditions available to tenants are, I would say, little short of sensational… It’s hard to believe but in just eight months we tick over into the second decade of the 21st century, *2010*. What got me thinking about the near future was the varying terms on offer in property leases at the moment. It’s not that long ago that leases for 10 years were the norm. These days we are most often talking about Continue reading “Thinking ahead to the new decade”
A new look for changing times I talk often about the need for flexibility and creativity to adjust to the fast changing and challenging economic conditions. In tougher times, it is crucial for achieving winning solutions. Well, there is nothing like practicing what you preach! … I talk often about the need for flexibility and creativity to adjust to the fast changing and challenging economic conditions. In tougher times, it is crucial for achieving winning solutions. Well, there is nothing like practicing what you preach! Continue reading “A new look for changing times”
