Landlords could offer more to get things moving

With ever more pressure being placed on landlords to fill their properties, and the floundering current economy resulting in low demand for space, we are beginning to see many incentives being offered to prospective tenants. One of the common incentives being seen at this time is the offering of rent free periods.

With several proposed properties in the City being put on hold recently, would it not be wise for more landlords to start marketing their proposed floor plates with rent free periods to cover the lag time between lease start dates and actual physical occupation? After all, surely a committed tenant would help increase the prospects of secured funding to get some of these builds underway?

, ,

Leave a Reply