Opportunity for occupiers to reset lease terms

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We are pleased to share with you our latest insight into Industrial Incentives and how occupiers can leverage off resetting their lease terms. 
 
The past few months have seen uncertainty in supply chains with COVID-19 heightening warehouse demand. This being said, we have seen an upwards shift in incentive levels and Colliers were able to successfully renegotiate lease terms for our clients. 
 
Consequently, occupiers are presented with the opportunity to secure more favourable commercial terms on their existing leases. To better understand the changes in the market and the effects on occupiers read more.  
 

 

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Opportunity for occupiers to reset lease terms

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Related Experts

Peter Evans

National Director | Industrial Advisory | Occupier Services

Melbourne CBD

I have been with Colliers International for over 20 years and during this time have been involved in every aspect of industrial and commercial property. I lead the Industrial Occupier Services team nationally, which includes Industrial Tenant Advisory, Portfolio Management and Logistics & Supply Chain Consulting.

At Colliers International, I employ my vast property background and project delivery skills to analyse and formulate strategy on behalf of clients resulting in new property acquisitions, lease renewals, lease rationalisation and rent reviews. I have been responsible for the marketing of major industrial developments for sale and lease, industrial land subdivisions, major tenant pre-commitment, and business parks.

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Nick Greenwell

National Director | Industrial Advisory | Occupier Services

Sydney West

With over 16 years’ experience in the industrial property sector, Nick has a  breadth of experience across all aspects of the sector from tenant advisory, development management (land subdivisions & built-form) , acquisitions and asset management. 

Nick worked within Colliers Industrial agency team from 2002 -2006, before leaving to move into a Development Management role externally; he then re-joined Colliers in 2018 to lead the NSW Industrial Occupier Services business.

Nick works closely with businesses requiring industrial space to source and secure the most suitable site and facility for their organisational needs. He has a strong understanding of the  industrial market nationally and a solid background in design and construct projects meaning he can provide advice to occupiers/tenants for Stay V’s Go Analysis’, lease renewals, new site acquisitions and pre-lease commitments. 

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