The Advantages of Percentage Rentals in Retail Shopping Centers

In shopping centres and in some stand-alone properties of a retail nature it is quite common to see a landlord use percentage rents as part of the lease structure with a tenant.  The strategy is useful when a tenant is new to a property or if the property is new to a location such as […]

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Property Management

A Quick Guide to Creating a Commercial Property Management Building Budget

The object of a budget in a commercial or retail building is to track and control income and expenditure.  Every month and quarter through the year the budget can be compared to actual money earned in rent and spent in outgoings.  Adjustments are then made to ensure that the landlord doesn’t experience any unknown financial […]

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