UPDATE: Code of Conduct For Commercial Tenants Negotiating Leases in 2021
The regulatory environment for commercial tenants negotiating with landlords has undergone several changes since the first emergency measures were introduced in 2020. The National Cabinet Mandatory Code of Conduct remains in effect, since JobKeeper program was extended to March 28 2021.
Each State and Territory has their own rules that continue to apply to commercial leasing negotiations between tenants and landlords. WA, South Australia and the ACT were the first jurisdictions to commit to extending their measures into 2021. NSW, Victoria and QLD also announced extensions to their COVID-19 leasing regulations into the new year. Tasmania and the NT have similar legislation that remains in effect.
It’s important to know who to contact about commercial lease negotiations in your state. Tenant Leasing Group are dedicated to staying on top of the new regulations to make sure we can negotiate hard for our clients. We can help with re-negotiating retail lease terms, downsizing offices, finding new sites, consolidating your portfolio and more. Get in touch if you’re a tenant looking for support with your commercial lease!
- National Cabinet Mandatory Code of Conduct: SME Commercial Leasing Principles During Covid-19
- National COVID-19 Safe Workplace Principles
- National COVID-19 Industry Information For Workplaces – Safe Work Australia
- NSW COVID-19 Legislation Amendment (Emergency Measures) Bill 2020 – schedule of amendments
- NSW Retail and Other Commercial Leases (COVID-19) Regulation 2020
- NSW COVID-19 Emergency Amendment (Emergency Measures) Bill 2020
- COVID Safe Businesses – Safe Work NSW
Phil has 25+ years experience advising and representing tenants on retail, office, industrial, large format retail, healthcare and other commercial property leasing.
A trusted veteran, Phil knows how to work negotiations in the tenant’s favour. He builds relationships directly with founders, business owners and senior executives to help optimise their business property situation.