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
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
Minimalism or a wealth of features? How companies view offices?
Minimalism or a wealth of features? How companies view offices?
The office market showcases two polar opposite trends in how companies approach leasing and arranging spaces, which can be described as a wealth of features and minimalism. Two d ...
Walter Herz
Office spaces in logistics centres: an alternative to office buildings?
Office spaces in logistics centres: an alternative to office buildings?
The office market in Warsaw is currently experiencing a period of stability in terms of supply and take-up. Recent data on overall tenant activity indicates that clients in the cap ...
Axi Immo