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Fire safety for residential and commercial agents (Journal May 2012)
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Fire & Rescue NSW Structural Fire Safety Manager Superintendent Christopher Jurgeit shares advice on how to ensure buildings you manage comply with legislation.
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High risk you can’t ignore
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New WHS legislation means agents need to be more aware of safety at heights.
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Know your BEECs
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Everything you need to know about Building Energy Efficiency Certificates (BEECs).
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Mediation may not be mandatory before commencing retail lease proceedings
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In brief – Mediation may not be necessary if it would not resolve the dispute.
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A club caterer can be a retail shop tenant
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In brief – North Bondi RSL Club forced to extend caterer's term to five years.
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Know your BEECs
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What you need to know about Building Energy Efficiency Certificates (BEECs).
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Changes to asbestos laws
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There is no better time than now to learn how you can help prevent, identify and deal with asbestos in the workplace.
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First impressions count
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A simple fitout can fast-track office leasing and commercial agents adopting this approach are reaping the rewards.
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Finding the perfect fit
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As a commercial agent it is essential to understand your clients’ needs in order to find them the right premises.
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Big changes in the Sydney pub market (Journal May 2011)
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With fire sales caused by the after effects of the GFC, Sydney’s metropolitan hotel landscape is undergoing a significant shift.
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World of opportunity (Journal April 2011)
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International retailers are setting up shop in Australia and driving growth in the retail sector.
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Commercial Building Disclosure - what your clients need to know (Journal February 2011)
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Do you have commercial clients responsible for office space of 2000 sqm or more? If so, you need to inform them about the new national Commercial Building Disclosure (CBD) program.
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Open to inspection (Journal November 2010)
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The Commercial Building Disclosure (CBD) program is making building performance, or lack of it, a lot more transparent.
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Make good and reinstatement obligations
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Given the number of disputes that arise between landlords and tenants in relation to make good and reinstatement obligations of the tenant on lease expiry, it is worthwhile considering what the position is at law and then consider some steps to reduce such disputes.
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Retail leases - new form of disclosure statement
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On 1 January 2011, the eastern seaboard States of New South Wales, Victoria and Queensland will jointly adopt a new disclosure statement for retail leasing to replace the lessor's disclosure statement that currently forms Schedule 2 to the Retail Leases Act 1994.
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Spotlight on industrial property (Journal October 2010)
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Industrial real estate has become a more sophisticated sector since the introduction of industrial-specific Real Estate Investment Trusts (REITs).
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Green Leases 101 (Journal September 2010)
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Learn about Green Leases for commercial property and how they can help landlords and tenants fulfil their environmental goals.
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Curbing the cost of commercial leasing (Journal August 2010)
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Find out how real estate professionals can help clients save money on their commercial property.
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What's in a warehouse? (Journal June 2010)
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Understanding how a warehouse will be used can help real estate agents sell or lease this type of property more effectively.
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Commercial savvy (Journal May 2010)
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Kristen Marsh shares her approach to running a successful commercial property business.
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Turning green to gold (Journal May 2010)
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Commercial agents play a critical role in determining whether ‘green’ buildings achieve higher leasing rates.
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Regional resilience in the commercial sector (Journal April 2010)
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Emerging from the weakest commercial property market in more than 10 years, agents in regional NSW are poised for solid growth of their commercial portfolio in 2010.
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How to hire a creative agency for your commercial property (Journal March 2010)
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As consumers and clients become savvier, the marketing of commercial property has never been more important. Helen Schuller speaks to those in the know about why you should choose an advertising agency to market your project.
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Benefits for asset owners in a greening world (Journal February 2010)
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There are significant benefits on offer for commercial building and retail asset owners in a greening world. It’s about being smart says Keith Gunaratne, CEO of EP&T Global – a leader in energy conservation and environmental solutions.
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Age does matter (Journal November 2009)
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With quality commercial space at a premium, upgrading old buildings to meet contemporary standards may provide the answer.
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Trends in commercial regeneration (Journal October 2009)
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Some of our cities and suburbs in New South Wales are re-inventing the wheel when it comes to real estate development and investment in the commercial arena. This article looks at two key areas that are leading the way: Surry Hills in South Sydney, the city of Newcastle and Double Bay in Sydney's Eastern suburbs.
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Unlocking value through lease restructuring (Journal August 2009)
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When the market turns, the bounce out will be quicker and stronger than in previous downturns. Property owners should restructure leases before expiry to capture value when the market rebounds.
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Office building get a green lease on life (July Journal 2009)
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The future of office buildings is going green, supported by government environmental initiatives such as the 'green lease'. Energy efficiency upgrades can reduce running costs for tenants and enable the building's owners to attract valuable clients, such as large corporations and government agencies, which are increasingly opting for energy-rated offices.
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Auction portfolios are just 'super' (July Journal 2009)
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Auction portfolios are recognised amongst buyers as essential investment reading. The portfolio offers a targeted and unique opportunity to showcase property to potential buyers of commercial and industrial property. In light of the current economic downturn, auction portfolios are proving an effective call-to-action for serious property investors.
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Window of opportunity (Journal June 2009)
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Skilled commercial property agents can assist their clients to take advantage of opportunities in the current market.
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'Goods' time ahead for warehouses (Journal June 2009)
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Skilled leasing agents know there is always a silver lining to the dark clouds, and those that have weathered the storm of the past 12 months in the industrial property market can now look to new opportunities on the horizon.
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Responding to arrears (Journal May 2009)
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If a commercial property tenant falls into arrears or goes into administration, what can you do? Three experienced property managers from the REINSW Commercial Chapter Committee shared their advice with the Journal.
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Arrears and insolvency (Journal May 2009)
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In the current financial crisis it is unfortunately becoming increasingly common for companies to become insolvent or go into voluntary administration. Landlords need to be aware of the warning signs and understand their rights and obligations if a tenant does become insolvent.
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Return of the private investor (Journal April 2009)
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Commercial property tenants may need to adjust to new ownership styles as private investors - both locally and from Asia - emerge as the new owners of office and retail buildings.
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Recent changes to the Contaminated Land Management Act 1997
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After a five year review of the Contaminated Land Management Act 1997 (NSW) (CLM Act), the NSW parliament passed the Contaminated Land Amendment Act 2008 (NSW) (Amendment Act) on 10 December 2008.
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Empty space (Journal March 2009)
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With office vacancies on the rise and sub-leasing increasing, landlords and tenants will need to be more proactive as they adjust to the new market conditions over the coming months.
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Join the evolution (Journal July 2008)
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As the industry evolves, it won't be survival of the fittest, but survival of the best prepared.
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Serving agency agreements (Journal February 2007)
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Can you email an agency agreement to a client?
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Ratings schemes (Journal June 2007)
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Commercial buildings produce 8.8% of greenhouse emissions in Australia. To help reduce this impact, two ratings schemes are now encouraging developers, building owners and tenants to be more environmentally-conscious.
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Altering agency agreements (Journal July 2007)
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If you want to change something on your agency agreement, can you simply just cross it out?
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Spoken lease (Journal October 2007)
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Think before you speak … A recent court ruling has found that a retail lease was binding even though no agreement was signed.
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Closing down tale (Journal October 2007)
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It’s a common scenario: a new retail development opens but then a tenant’s shop doesn’t do well, they can’t meet their rent payments and their lease is terminated. What if the tenant then sues the landlord blaming their losses on representations made by the landlord's managing agent?
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Dealing with disputes (Journal October 2007)
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Disputes are an inevitable part of commercial life. However, resolving retail lease disputes quickly and proactively can lessen the pain.
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Retail leases (Journal August 2006)
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A recent decision by the Administrative Decisions Tribunal that a lease for a retail premises may come into existence regardless of the documented intent of the landlord and the tenant has serious ramifications for commercial agents and landlords.
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Signing agency agreements (Journal December 2006)
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Who should sign an agency agreement? In part three of a series of 'hypotheticals', Jodie Masson and Elizabeth Hurn from law firm DLA Phillips Fox discuss some of the tricky situations that can arise when trying to get an agency agreement signed.
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Agency agreements (Journal November 2006)
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Jodie Masson and Elizabeth Hurn from law firm Phillips Fox discuss the prescribed terms for agency agreements. If you miss just one of these legally required terms, you could miss out on your fee!
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Agency agreements (Journal October 2006)
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One of the most common mistakes that real estate agents make is incorrectly filling out their agency agreements, following the wrong procedures to have them signed or not having an agency agreement at all. Unfortunately these mistakes can mean losing your commission, facing fines or even losing your licence.
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Putting coordination fees into perspective
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Land leasing agents charge coordination fees in return for coordinating general leasing and marketing activities on behalf of commercial building owners.
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Educating the commercial leasing enquiry pays dividends for all
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In most cases, people seeking to lease commercial and industrial space are either small business owners or staff of larger companies who have been assigned the task of finding a suitable property. To improve the probability of the transaction being successful, along with keeping the customer happy, it's advisable to spend a few minutes up front to help them.
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Office and retail sales
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Developer and fund manager Ashington has achieved strong sales results within its Cross+ and POST developments at Potts Point. Strong off-the-plan sales were a particular highlight at POST.
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GST on forfeited deposits (Journal October 2008)
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Commercial agents are being alerted to a recent High Court decision which found that GST is payable on forfeited deposits in certain circumstances.
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Weathering the storm
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Is the commercial property market downturn of 2009 just another market cycle or a totally new ball game?
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