With extension of CTRS, will be interested to see if tenants who already have agreement with landlord (for current relief period ending 15 January 2022) need to resubmit rent relief request to landlords.
A day after NSW, Victoria also extends commercial tenancy relief scheme for two months, lowers turnover threshold for qualifying tenants to $10m from $50m. ($5m in NSW). #ausproperty
A day after NSW, Victoria also extends commercial tenancy relief scheme for two months, lowers turnover threshold for qualifying tenants to $10m from $50m. ($5m in NSW). #ausproperty
Property update: New Bill expands powers for determining rent relief disputes
The Bill broadens the scope of the Minister for Small Business to make regulations dealing with rent relief disputes and extends the commercial tenancy relief scheme.
To read: https://t.co/vzHnPfu5N4
Today’s announcement by the Treasurer to extend the commercial leasing scheme will push many landlords to their limits or beyond. As the crisis goes on, we will need goodwill and action from banks and governments so landlords do not go under and take the economy with them
A far-sighted precinct planning authority can deliver better community and economic outcomes for Victorian communities, particularly at a time of heightened uncertainty #ausproperty
The next phase of development cycle can't just be business as usual. It needs policy settings that drive innovation. That is why we are calling on the State Government to create a Precincts Authority to support and shepherd precinct projects such through their whole lifecycle.
KCL Law’s Banking and Finance team recently advised Bass Capital Partners on a senior construction facility for a $10.6 million residential development, ‘82 Johns Road’, in Prospect — a thriving inner northern suburb of Adelaide. To ead, click here: https://t.co/U2DPkSHfUo
We are delighted to share the news that KCL Law’s Banking and Finance team is a finalist in the Lawyers Weekly Australian Law Awards 2020 in the category ‘Banking and Finance Team of the Year’.
To learn more, click here: https://t.co/UuP5lCD1gN
#AustralianLawAwards
KCL Law’s Banking and Finance team recently advised Bass Capital Partners on a senior secured facility to assist high-end developer Craig Easton on refinancing the debt secured against a residential development in Toorak known as Palais Toorak. Click here: https://t.co/dByh4oANcr
Estate Group update: What happens to our digital assets on death or incapacity?
With an increasing reliance upon the digital world, it is important that we carefully consider what happens to our digital assets upon death or incapacity.
To read in full: https://t.co/Ysrh6DND8v
Read our latest #Property update which looks at the current issues facing #landlords, #tenants and managing agents, including Force Majeure clause, frustration of #leases, business continuity #insurance and negotiating changes to #rent. Click here: https://t.co/pPYCHxkaF8
Property update: State Revenue Office takes strict approach on duty!
To read our Property update, click here: https://t.co/cWnbj8pVWG
For advice on purchasing a residential property in trust and to avoid the potential duty consequences, contact our Property team, 03 8600 8888.
Read our latest Property update, 'Business buyers and assignees of leases ― duty on acquisition of fixtures of significant value now in effect', which outlines what buyers of businesses and assignees of leases need to know in regard to duty on fixtures: https://t.co/slk0cQAoCv
Last week, the Retail Leases Amendment Bill 2019 was introduced to the Victorian Parliament. If passed, the Bill will make substantial changes to the law relating to retail leases in Victoria.
Our latest Property update provides a summary of the changes: https://t.co/G7kqsfYkZH