Q1. Is there a “change in the wind” in the industrial market in your capital city? Q2. Are you optimistic about the market next year and why? Q3. What’s the best advice you can give a tenant and a landlord right now?
Q1. Is there a “change in the wind” in the industrial market in your capital city? Q2. Are you optimistic about the market next year and why? Q3. What’s the best advice you can give a tenant and a landlord right now?
“What we suggest to landlords is while you’ve had a good run, is spend money, improving your property, which will help you negotiate longer leases with your tenants going forward.
My advice to tenants is work with your landlords in regards to any capital works you may want, request them now, and work with them in negotiating a longer lease that will be beneficial for both parties. ”
