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Commercial leases are subject to a number of external influences. For example, the emphasis on sustainability has seen a rise in the use of green leases. Being able to advise clients on the specific requirements of such leases, as well as the novel way in which operating expenses are dealt with in the context of them, is an important aspect of any commercial property lawyer’s practice. So too is the way in which rent guarantees have evolved recently with consequences for landlord and tenant. On Demand This webinar will look at both developments and provide insights into the particular opportunities and problems they present.

Learning Outcomes

  • Better understand the nature and form of green leases from the landlord's and tenant’s perspective, some of the issues that can arise during negotiation and methods of setting initiatives, benchmarks, targets, measurements and reporting structures.
  • Learn more about how operating expenses for green leases impact on the relationship between landlord and tenant and how this differs from those in other commercial leases.
  • Gain insights into the way rent bonds and guarantees are now being dealt with and the advantages (and potential disadvantages) of the new approach for landlords and tenants.

Who should view?

All lawyers and legal executives practising in the area of property law.

 

 

Presenters


Nick Wilson
Partner
Burton & Co

Nick is a partner at Burton & Co in Auckland and has 15 years of experience in commercial property and development, half of which has been spent practising in the UK.  Nick specialises in commercial and office leasing and acts for a number of large scale investor landlords and retail tenants throughout New Zealand.

Emma Tonkin
Senior Associate
Kensington Swan

Emma Tonkin is an experienced commercial property lawyer who advises clients on a broad range of property issues.  Her clients include landlords and tenants, private developers, landowners in the sporting and leisure industry, schools, and unit title bodies corporate.  Emma also has experience in the property finance sector, advising banks and other funders in relation to lending and enforcement on property assets, as well as their own property needs.  Emma is a Senior Associate at Kensington Swan in Auckland and has also practised overseas.