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To print this article, all you need is to be registered or login on Mondaq.com. NSW s COVID-19 leasing laws are again being extended. Uncannily, this coincides with increases in community COVID-19 and state borders closing. New regulation from 1 January 2021 Recapping, the COVID-19 leasing laws primarily prevent landlords enforcing leasing rights, such as terminations, against impacted lessees for not paying rent. However, this is only for leases entered into before 24 April 2020. The protections are only for arrears incurred after that time. Also, the protections cease if tenants do not demonstrate their impacted lessee status – based on JobKeeper and 2018/19 turnover. They may also end if a landlord fully complies with its ....
In the media Australia makes top 10 for real estate investment Australia just became one of the top ten countries to buy real estate with inbound investments to increase sharply in 2021 (04 November 2020). More. Office outlook optimistic for 2021 There is likely to be “no major demise” to the global office sector, despite remote working arrangements, with higher rental incentives expected in CBD offices, according to a global survey by Savills Investment Management (04 December 2020). More. Australian commercial property firms see environmental management as increasingly important to their business Many companies that work in commercial real estate are lagging behind other industries in terms of good environmental management, but there is an increasing number that are catching up fast, a new international report has found (03 December 2020). More. ....