Fit out is a term commonly used for the internal building modifications that tenants or owners make to the building to make the premises more suitable for their needs.
When leasing a commercial or industrial Investment it is important that some form of security is taken and appropriate clauses inserted into the lease as protection for the Lessor (owner). The main forms of security are Bank Guarantee, Security Deposit (Bond) or Personal Guarantee.
A step by step guide to sourcing a property and negotiating a lease.
The term used when referring to the items of work required by an outgoing tenant.
Annual rent reviews on commercial property have a great deal of importance to the value of the property and the return they will ensure the owner will receive.
There are a number of state and national legislations that can affect owners of commercial and industrial real estate.