BRM
  • Home
  • ABOUT US
    • The BRM Experience
    • Our Team
    • Our Impact
  • Property
    • Tenant Representation
    • Corporate Real Estate
    • Accommodation Strategy
    • Compulsory Acquisition
    • Current Searches
  • People
    • Staff Engagement
    • Workplace Consulting
    • Change Management
  • Projects
    • Project Management
    • Interior Design
  • Our Blog
  • Our Work
  • Contact Us

OUR BLOG

RSS Feed

Workplaces and covid-19: what we've learned so far

19/7/2020

 
Back in April and May BRM ran a series of webinars titled "Where To Now For Commercial Tenants". The series explored a range of issues surrounding the uncertainty faced by both landlord and tenants as a result of the COVID-19 pandemic. 

As we continue to be in the grip of this world-changing health crisis, BRM is looking back to the key points we've learned as we've crossed each stage together with our clients. 

“How we behave now, will be remembered for a long time”
The relationship between tenant and landlord is paramount
In April, we encouraged tenants to be open and transparent with their landlord if they were immediately impacted by the unfolding crisis. Rather than advising our clients not to pay rent at all, we urged them to start discussions with their landlords and put temporary arrangements in place. A Code Of Conduct was introduced by the government to re-enforce the need for fair, open and honest relationships between landlords and tenants and these relationships will play a vital role in commercial property decisions moving forward

“This is the great disruption – a perfect time to re-assess what’s working and what’s not”
 Re-think Your Workspace
We have never seen a change of this magnitude sweep the globe so rapidly. Many businesses are using this change to create opportunity, both in their business models and in their workspace. Landlords and tenants are working co-operatively to maximise the value of existing spaces and alter them to fit the needs of the businesses that fill them. Never before have we seen such flexibility with space and openness to new design and property ideas. This is certainly the time to let go of legacy and face change with strong leadership and honest relationships.
 
“There will be many things we thought we needed but don’t. The future office will be a way to embed and promote new behaviours that are healthier and more meaningful”
This Is Not The “End Of The Office”
Despite significant shifts in the market, there will always be a demand for office space. Rather than a complete abolishment of the traditional bricks and mortar office, we will see a newly improved future workplace, based on flexibility, wellbeing, activity based working and new locations outside of the CBD. Our collective Working From Home experience has taught us that while there are many aspects of the traditional office we can do without, we still need that physical connection and social aspect of coming to work every day.

“We needed to make sure that everything that was negotiated has been translated correctly”
Reconcile Your Rental Invoices
Businesses that qualify for JobKeeper and eligible for (as negotiated with landlord) reductions in land tax, council rates, rent waiver/deferment calculations will need to ensure that they are not overpaying on their rent. A lease audit will examine leasehold expenses along with all documents associated with the commercial lease to verify that charges billed to the tenant are in compliance with leased terms. Although traditionally used as a tenant tool, lease audits will strengthen the tenant-landlord relationship by promoting accuracy throughout the lease invoicing process.
 
 
 


Comments are closed.

    Sign Up To Our Newsletter

    Archives

    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    October 2019
    September 2019
    August 2019
    July 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    March 2018
    February 2018
    December 2017
    October 2017

    Categories

    All
    Accommodation Strategy
    Acoustic Options
    B Corp
    Change Management
    Commercial Lease
    Commercial Real Estate
    Commercial Tenancy
    Design
    Environment
    News And Events
    NFP
    Not For Profit
    Property Advice
    Property Strategy
    Recent Projects
    Staff Engagement
    Sustainability
    Wellbeing
    Workplace Consulting

    RSS Feed

BRM 

125 Union Street,
Windsor, Victoria
Australia  3181

Phone: (03) 9521 1007
​contact@BRMprojects.com.au
​
contact@BRMre.com.au

QUICK LINKS

About Us
Property Advisory
Compulsory Acquisition
Workplace Design
Project Management
Recent Projects
Blog

Picture
B Corps are for-profit companies certified by the nonprofit B Lab to meet rigorous standards of social and environmental performance, accountability, and transparency, and dedicated to using the power of business as a force for good. B Corps are better companies – better for workers, better for communities and better for the environment.
Picture
  • Home
  • ABOUT US
    • The BRM Experience
    • Our Team
    • Our Impact
  • Property
    • Tenant Representation
    • Corporate Real Estate
    • Accommodation Strategy
    • Compulsory Acquisition
    • Current Searches
  • People
    • Staff Engagement
    • Workplace Consulting
    • Change Management
  • Projects
    • Project Management
    • Interior Design
  • Our Blog
  • Our Work
  • Contact Us