You only lease time

Your lease should be likened to your local Member of Parliament. No sooner have they won the election for a further term, they are out there campaigning for the next term.

So when viewing the relationship with your Landlord don’t think of the lease in respect of space or square metreage but in the concept of the diminishing resource called time. Unlike your local member, most Retailers/Leasees take for granted they will have their lease renewed when time runs out.

Although this is a floored approach as your lease is also like a “Marriage Certificate” that already has the divorce packaged in. And this divorce can be even more costly and devastating than the real thing!

It doesn’t matter how much information and guidance the industry and government provides to Retailers there is a serious issue with Leasees not leveraging time when it comes to major lease events such as lease expiry or options.

With lease expiries – the divorce, you need to be well and truly across the time-line, the outcome you seek, the research and to have a strategy (including alternatives) no later than 18 months before the expiry date. Anything past this time barrier and you are allowing the Landlord to leverage the outcome. 

Similarly with lease options and notably in QLD & NSW (and soon we hope in VIC) you can apply to the Landlord to have the market rent determined early. This means the rental is either agreed to between the parties or determined via the processes under the relevant Act before you have to exercise your option, and possibly be trapped in a lease you can’t afford.

Regardless if you have a 3, 5, or 10 year lease – take it out of the bottom draw today and mark back 2 years before the lease expires (or your option) and declare that day as the start of your campaign for a further term.

In leasing, time can either be your best friend or your worst enemy, it’s up to you.

Lease1 is the leader in its specialist field and is committed to providing personal, timely and cost-effective services to save tenants time, money and stress in their lease negotiations. Visit



The rich tapestry of neurodiversity

There is a slow shift towards incorporating design aspects that create more inclusive shopping experiences for customers of all neurotypes. Retailers willing to explore this hidden customer segment can deliver a more easy, engaging and inclusive experience both in-store and online.

Retail Voice CEO Message: 15 March 2023

Retail crime continues to be a concern with many businesses recording an increase in shoplifting. 
In the latest Bureau of Crime Statistics and Research data coming out of New South Wales, retail theft increased 23.7% year-on-year.  

Retailers have an important role to play in closing the gap

Today is National Closing the Gap Day, a day of action to pledge support for achieving indigenous health equality by 2030. As part of the ARA’s reconciliation journey, we have made a commitment to use our reach to raise awareness with our members about days of significance for First Nations communities, like Closing the Gap Day.