Tenants have the upper hand in some shopping centres, but in most cases, particularly in successful retail schemes, they are in the weaker position when in conflict with their landlord. A retailer operating stores in several shopping centres recently asked us for advice as he sensed that there was some trouble ahead. He said that his shopping centre manager was keeping a close eye on everything he was doing as if looking for a reason to penalise him. The manager complained that the store had once opened a few minutes late or closed too early, that the staff took cigarette breaks or that there were fewer products on the shelves than in neighbouring boutiques. Despite making timely payments, the tenant had the feeling that the landlord wanted to get rid of him, either by not renewing the lease or by leasing his space to someone else. The best that a tenant can do is to do his/her best not to give the landlord any reason to exercise his rights as laid out in the lease agreement, including
Warehouse developers now more cautious
Warehouse developers now more cautious
Pre-leases are now an important criterium Currently, the highest investment activity is seen for projects that have a secured pre-leasing level of at least 50-60 pct of the spa ...
Avison Young
The rise of prefab concrete
The rise of prefab concrete
According to the ‘Sector of heavy precast concrete products in Poland 2025-2030’ report, the combined revenues of the 50 largest precast manufacturers in 2023 came to P ...
Spectis
Modern offices for modern officials
Modern offices for modern officials
Public sector relocates to modern offices The commercial office real estate sector is experiencing growing leasing demand from state institutions. Class A office buildings, featur ...
Newmark Polska