• Broadway Property team

Uncertain times bring opportunity in commercial property

Times are incredibly tough right now. And while there’s plenty of uncertainty and pain, commercial property could bring you a ray of sunshine.

There’s great opportunity for both commercial tenants and also buyers who are in the market for a new commercial property, if you’re prepared to get proactive and strike now.

The volatile market conditions and unpredictability gives you the rare chance to negotiate and get a better deal, whatever your circumstances.

If you’re a business owner with a commercial tenancy:

Your core business might be doing it tough right now. Maybe you’re now not sure how you’re going to meet the terms of your commercial lease, or your plans to move might be up in the air.

It doesn’t matter where you’re at, with the help of a tenant representative, you’ve got options:

  • Landlords are being encouraged to show flexibility in these unprecedented times. With the help of a tenant representative, you can restructure your lease terms to give you much needed cash flow or other incentives right now.

  • If you’re negotiating to renew your commercial tenancy or potentially looking to move premises, the game has changed. You’ve become much more valuable to your current landlord, and there’s still brilliant commercial opportunities out there with landlords who are even more eager for great tenants.

Just about every commercial tenant has a rare opportunity to secure very favourable lease terms, with the right professional advice.

If you’re looking to buy a commercial property:

This is also a rare moment for buyers.

  • Interest rates are at an unprecedented low and the share market is wildly volatile, which will continue to see a shift towards commercial real estate markets.

  • Banks are still keen to get busy and lend on commercial real estate purchases.

  • Property is always seen as a much safer bet than shares, especially in Australia.

  • There is pent up demand for investment grade property in Australia, and we don’t see that slowing down any time soon.

Strategic property advice has never been more important.

In extraordinary times, it is absolutely essential for commercial tenants, owners and buyers to seek advice about their commercial property strategies. Your ability to move quickly, adapt and strike immediately will not only help you avoid disaster, but also set you up for success.

How we can help.

We want to give you a hand, in any way we can. Get in touch as soon as possible, and we’ll quickly tell you what your opportunities are. No obligations.

Ben Heritage

Director, Broadway Property

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Ryan Stewart

Director, Broadway Property

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