Archive for May, 2009

The ins & outs of subleasing

By Peter Scott  |  Property Lease Negotiation  |  Tuesday 26th May 2009

Subleasing or assigning space in commercial property is an area of great interest to commercial tenants right now.

More and more commercial tenants are finding they would like to sublease or assign space that has become surplus to their requirements. (more…)

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Rethinking work hours can create a new ’space’ age!

By Peter Scott  |  Property Strategy  |  Tuesday 19th May 2009

I love it when great ideas collide, offering far reaching solutions.

One such idea I just came across was the concept of a 14 Hour Working City from James Calder reflecting on new solutions for efficiency in London. (more…)

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Commercial vacancy levels hit 15%

By Peter Scott  |  Property Strategy  |  Tuesday 12th May 2009

Don’t blame the recession for all those empty commercial properties you see. The recession is merely a short-term trend with a severe short-term impact on commercial property vacancy rates. But the digital age is a longer term trend with an even more profound impact on vacancy rates. (more…)

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The end of the ratchet clause ambush

By Peter Scott  |  Property Lease Negotiation  |  Tuesday 5th May 2009

The ratchet clause has long been a dirty word to businesses with commercial tenancies.

More than 95 percent of leases have a ratchet clause. Traditionally they never advantage the tenant. (more…)

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