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Retailers cough up $183 million in rent for Scentre Group
Scentre Group has collected $183 million in rent payments for the month of August, as more customers return to shopping centres.
After a major dip in rent payments during the months of April and...
Leasing Archives
Retailers cough up $183 million in rent for Scentre Group
After a major dip in rent payments during the months of April and May, the shopping centre company has benefited from th...
Scentre Group targets Premier Retail for next wave of shutdowns
Move comes after Scentre Group boss Peter Allen doubled down on fixed rents moving forward.
Scentre Group won’t budge on lease agreements
Property group firm on fixed rents moving forward.
Inside the battle between Westfield and retailers
Major retailers across the country have had their doors shut tight by a landlord that seems to have grown weary of talk.
Westfield locks out retailers over rent disputes
Over 150 Mosaic Brands and Strandbags stores have been shut in Westfield centres across the country.
David Jones parent flags asset impairments across group
Trading conditions have continued to struggle for Woolworths Holdings.
Shopping Centre Council warns landlords can’t keep supporting rent
$1.6 billion in rent assistance has been handed out, but landlords can't afford much more.
Retailers can collectively negotiate leases until September 2021
ARA and NRA welcome decision by the competition watchdog.
Federal Court ruling casts doubt over rent relief
Businesses entering insolvency could be required to pay back
all rents owed as a priority.
ACCC rules retailers can collectively bargain for rent relief
ACCC grants NRA and ARA members the ability to share information for rent negotiations.
City Chic to shutter 14 stores on rent negotiations
Ninety-two stores will remain open with reduced rents, City Chic says.
Retailers can collectively bargain for rent relief: ACCC
Authorisation should allow more retailers to receive support.
Radio Rentals shutting stores permanently as COVID-19 takes its toll
Approximately 300 staff members are being made redundant.
Colette judgement opens door for more retail rent freezes
Decision could be ‘disastrous’ for landlords, and reflects the ‘extraordinary’ position retail finds itself in.
PM announces commercial rent relief, but leaves big business out
Proposed relief made up of one part rent waiver, one part rent deferral.
Watchdog allows shopping centres to implement rent relief
Decision allows shopping centres to defer, waive or reduce payments and interest.
“This is about working together”: Retail associations, shopping centres propose leasing code of conduct
Code lays out various options for rent relief, does not lease terminations by tenants.
Federal government urges landlords and retailers to “work it out”
Prime Minister says there is no rule book for current situation, and urges cooperation.
Pressure on landlords mounts as retailers scale down operations
As retailers down-size operations, can landlords be expected to pick up the slack?
Pitt Street rent growth outpaces global rivals
Pitt Street Mall saw a 17.9 per cent average rent increase over last year.
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