Taking the gamble out of property leases The reality for most businesses when they are setting terms for a commercial property lease is that there is a bit of hit & miss about planning. Generally, property managers put together a guesstimate about… The reality for most businesses when they are setting terms for a commercial property lease is that there is a bit of hit & miss about planning. Generally, property managers put together a guesstimate about a business’ needs regarding property over 3, 6 or 12 years, which are the sort of timeframes on offer for property leases. Many make a bit of a real estate bet Continue reading “Taking the gamble out of property leases”
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”
Commercial vacancy levels hit 15% Don’t blame the recession for all those empty commercial properties you see. The recession is merely a short-term trend with a severe short-term impact on commercial property vacancy rates. But the digital age is a longer term trend with an even more profound impact on vacancy rates… Don’t blame the recession for all those empty commercial properties you see. The recession is merely a short-term trend with a severe short-term impact on commercial property vacancy rates. But the digital age is a longer term trend with an even more profound impact on vacancy rates. Continue reading “Commercial vacancy levels hit 15%”
The sub culture of sub letting Getting an accurate picture of the vacancy levels of commercial lease space is not easy at the best of times. Right now, as businesses are carefully reviewing their space needs, the amount of space available to sub lease has grown considerably; in the office, industrial and retail sectors. Official vacancy rate calculations don’t take sublet space into account, so in effect there is a… Getting an accurate picture of the vacancy levels of commercial lease space is not easy at the best of times. Right now, as businesses are carefully reviewing their space needs, the amount of space available to sub lease has grown considerably; in the office, industrial and retail sectors. Official vacancy rate calculations don’t take sublet space into account, so in effect there is a Continue reading “The sub culture of sub letting”
