fbpx

Lloyd Budd

Forum Replies Created

  • Up
    1
    Down

    Hi there. Echoing Blair’s words.

    Ultimately every tenant/landlord relationship is different. And right now they are more important than ever to support each other for the ulitamte goal of sustainable tenancy for both parties!

    I suggest the face to face approach. Sit down and discuss your position with the Landlord and see what they can do to help.

    Companies like Blair’s and ours are avialable to help support these negotiations should you want to get in touch.

    All the best. Lloyd

    Up
    0
    Down

    This is from Chris Menzies, our head of Occupier Services…

    Great question.

    Typically the replacement of light fittings is the responsibility of the Landlord, while replacement of the globe is a tenants responsibility. For an LED light, the fitting and globe come in a single unit so its therefore quite often contentious. I would certainly want to look at the lease to see if the ownership is defined which might provide some clarify, and would want to know how long the lease is to understand what benefit would be consumed by the tenant. Overall, the consumption of a LED is so much lower than a classic light fitting, that despite the higher replacement cost, tenants would typically still benefit financially from the decreased consumption.

    Reach out if we can help.

    Up
    0
    Down

    Hi there. All procurement is done through the GETS website. Make sure you register there.

    Also keep an eye out on https://kaingaora.govt.nz/ & https://www.panuku.co.nz/ for announcements, public events, webinars, etc.

    Finally, the NZGBC (Green Building Council) have some awesome contacts and initiatives underway. Check out their page at http://www.nzgbc.org.nz.

    All the best. Lloyd

    Up
    1
    Down

    Thanks for the enquiry. Michael Thornton (Michael.Thornton@bayleys.co.nz) leads the management of the Blackstone & Augusta portfolios. Cheers, Lloyd

    Up
    1
    Down

    Hi there. Our view on industrial is very positive. The trend of online shopping is going to only increase this demand for this asset class.

    You can check out a few of our recent views on http://www.bayleys.co.nz/workplace – there is a dedicated industrial section there. It is also worth checking out Scott Campbell on LinkedIn. He is the National Director of Industrial and is frequently posting the latest, up to the minute news.

    All the best.

    Up
    0
    Down

    Hi there. Our view on industrial is very positive. The trend of online shopping is going to only increase this demand for this asset class.

    You can check out a few of our recent views on http://www.bayleys.co.nz/workplace – there is a dedicated industrial section there. It is also worth checking out Scott Campbell on LinkedIn. He is the National Director of Industrial and is frequently posting the latest, up to the minute news.

    All the best.

    Up
    0
    Down

    Hi there. Unfortunately 27.5 isn’t clear on % allocations based on access. We have always encouraged Fair and open communication between the parties.

    What type of business is it? Office, retail or industrial?

    There are also other opportunities for you to drive value out of the asset. You could get them to exercise their right of renewal, or lengthen their lease as a way to recoup some of the lost value from not paying rent.

    Happy to help out with more specific details if we can. lloyd.budd@bayleys.co.nz

    All the best.

    Up
    0
    Down

    Hi there. I suggest getting in touch with Kainga Ora/Housing NZ/Panuku to see if they are looking for your sort of property. They have been very public about kicking off “spade ready” projects and surely need sites to make it happen. Kia kaha.

    Up
    2
    Down

    Hi there. That sounds like a tough situation. I’m sorry to hear. I suggest getting in touch with Kainga Ora/Housing NZ/Panuku to see if they are looking for your sort of skills. They have been very public about kicking off “spade ready” projects and surely need skilled people to help make it happen. Kia kaha.

    Up
    1
    Down

    This is a difficult one to answer as to which way the market will go. There is a feeling that lots of kiwis (and other nationalities) want to come to NZ to live given the way the country has handled this. As such, we may see more demand from new buyers to the market who will require financing.

    The underlying message for marketing at the moment needs to be empathetic. People and health first. One of the best quotes I have heard recently is that “times like these are character revealing, not character defining”. He tāngata, he tāngata, he tāngata.

    Up
    1
    Down

    Hi Patrick. I believe that property owners are looking for our help over “leads” at this stage.

    What I would recommend is helping out home owners with some practical tips & tricks. What could they be doing while they are at home to get their property ready for sale? What information can we provide them with to help make decisions – links to the latest announcements from Government on mortgages, subsidies, etc.

    It is a time where property owners are looking to our industry for trust and guidance.

    I believe it’s also a great time to reach out to our communities to help. Real estate is a very community focused business – so what can we do to help? Raise awareness for a good cause? Help raise money for charities/groups who are suffering from reduced revenues?

    Kia kaha.

    Up
    2
    Down

    Hi there. You can also consider your options for moving premises. We are forecasting an increased supply in stock and this will enable you to check out other market options for comparable rent/incentives. Happy to help personally if you want to send me your lease to look at? lloyd.budd@bayleys.co.nz