The rise of service industries in the retail property market
A change in the consumer landscape has led to a paradigm shift in retail property that has enticed landlords to broaden their leasing prospects from traditional goods retailers to service retailers.
Options for breaking a commercial property lease
Entering into a commercial or retail lease agreement is a commitment that should not be taken lightly, however there are options to break a lease if you wish to upsize, downsize, cease trading or sell your business. A variety of factors will determine the cost of breaking a commercial lease, including the terms of the.
Five years of Pine Property, rewarding reflections and exciting visions
Pine Property turns five this month. It’s a big achievement and one that we’re extremely proud of, especially when you consider the high failure rate of small businesses, often cited as between 60-70 per cent within the first five years.
The key to successful retail design
Despite claims that e-commerce represents the end of brick-and-mortar retail stores, 2019 research found that 63 per cent of Australians still preferred shopping in-store to online. Furthermore, most respondents surveyed indicated that they were generally willing to spend more money in-store than online. The preference for physical stores was attributed to the hands-on immersive shopping.
Retail in Focus
Guest Blogger Brian Walker provides a snapshot of the current retail landscape.
Commercial property yields: What you need to know before investing
While initial net yield is typically provided in commercial property reports, investors should be wary of relying only on this simplified figure, which doesn’t take into account the broader market. Instead, information on the analysed market yield should also be sought out, most likely from a specialist commercial real estate agent, as well as confirmation.
How to start an epic restaurant or bar – according to the best in the business
We spoke with the co-founders of Chica Bonita and Sunset Sabi to learn about the key ingredients required when building a booming hospitality business.
Commercial Development and the Rebirth of Manly Vale
Manly Vale has been reborn in recent years with increased commercial development, new infrastructure and population growth breathing new life into the suburb. The introduction of Bunnings, Woolworths and, more recently, ALDI, in the Condamine and Roseberry Street precincts has opened up the area to increasing commercial interest. Additionally, the B-Line express bus service and.