Commercial Lease Rent Reviews: Mastering the Valuation Processes and Strategies for Client Success

Rent reviews are crucial aspects of commercial leases, allowing landlords to adjust rental rates over time. In this webinar, we will delve into the intricacies of rent review processes, exploring various methods and their implications for the parties.

Our expert speakers will provide practical insights into how rent reviews work in practice, the role of valuers and when they get involved, arbitration procedures and how long they take, as well as the impact of incentives and rent review clauses on rental rates. Additionally, they will discuss relevant caselaw, address considerations for drafting rent review clauses and offer strategies your client can use to achieve the best outcome from rent reviews.

Who Should Attend?

Property lawyers and general practitioners seeking practical insights and expert knowledge on commercial rent reviews and evaluation processes.

  • Gain practical insights into the operational dynamics of rent reviews.
  • Understand the pivotal role of valuers and the triggers for their involvement.
  • Acquire knowledge about arbitration procedures, including expected timelines.
  • Explore the influence of incentives and rent review clauses on rental rates.
  • Receive an overview of pertinent caselaw shaping rent review practices.
  • Master the art of drafting effective rent review clauses.
  • Develop strategic approaches for clients to optimise outcomes in rent reviews.


Presenters

Reid Quinlan
Click here to read profile

Reid is a Registered Valuer and a Director at Seagars (Auckland). He has 30 years of experience completing rental valuations and appearing as an expert witness for arbitrations on commercial & industrial rents, as well as ground rents, in Auckland City. Reid also accepts appointments as an arbitrator or third expert. He has written professional articles and presented lectures on a range of lease-related topics for the University of Auckland, Massey University, The Law Association (formerly ADLS), WDLS, and the Property Institute of NZ. 

3caabd31-fde6-ee11-904c-00224896fd06
Michelle Hill
Click here to read profile

Michelle is a Partner at Dentons Kensington Swan with over 20 years’ experience in commercial real estate, with particular expertise in commercial leasing. She acts for a broad range of clients including multi-national corporates and businesses with extensive leasing portfolios.  During the COVID-19 pandemic, she was selected to join a small working group advising the New Zealand Government and property lawyers on commercial leasing issues. 

Michelle is a guest lecturer at the University of Auckland for the Bachelor of Property program, and she also contributes regularly to the New Zealand Law Society's 'The Property Lawyer' magazine on commercial leasing topics. 


6874ca4b-fde6-ee11-904c-00224896fd06

Details

Pricing Details

Ticket Price

Member: $140 GST

Non-Member: $195 GST

Registration

Registration Close Date

30/04/2024
Loading...