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Industrial & Logistics Vacancy Report
Australia’s industrial & logistics vacancy rate is now the lowest in the world at 0. 8%, while sydney ’s vacancy rate of 0. 3% is the lowest of any city globally. Read the report.
Commercial Leases vs. Residential Leases
Many people believe that since they have rented apartments in the past, they can handle their business' lease agreement. Unfortunately, the two are worlds apart. While residential leases have standardized forms, commercial leases are much more customized and complex. Residential leases tend to be for a shorter amount of time (1-3 year s), much less complicated, and include greater protections for the tenant. Commercial leases usually last longer periods of time, (sometimes up to 20 years) and are much more difficult to break than a residential one. In addition to customized language, commercial leases usually include special features or build-outs the landlord includes to help close the deal.
What is a Commercial Lease?
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Sydney CBD Office Market - March 2022
Dijones commercial is a multi award winning team that has a wide skill base ready to help commercial property owner occupiers, investors and developers. "if you own your property and are looking for a new premises we can help find a suitable space for you while achieving a great divestment outcome for your existing site. For investors looking for an opportunity, we can help with site selection, profiling of sites to determine the development potential and assist in feasibility and yield analysis. Of course we can also create high impact marketing campaigns and manage the sales or leasing process.
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