In the media
E-commerce boom has property bankers eyeing warehouses
Data centres, hospitals and build-to-rent apartment blocks are the beacons of hope for institutional investors in real estate in 2021 after the sector s traditional trophy assets – major malls and big city offices – lost some of their lustre through the disruption of last year (14 January 2021). More.
The solar panel fire season is getting more intense in Australia
A recent report rated Australia as one of the cheapest per kilowatt for solar PV, but it questioned our safety standards. Poor-quality solar rooftop components have led to an expanding list of product recalls (14 January 2021). More.
The recent Supreme Court of New South Wales decision of
NTT
Australia Digital Pty Ltd v Cover Genius Services Pty Ltd
serves as a reminder to all that once a deed has been signed, it
can be enforceable even if copies executed by both parties
haven t been exchanged. It also provides timely insight on what
tenants must do to qualify for COVID-19 rental relief.
Facts
NTT leased premises from Perpetual and Dexus (
Dexus
Entities). NTT sub-leased the premises to a third party,
Society One, before negotiating an assignment of the lease to Cover
Genius Services (
CGS).
A deed of assignment of the lease (