You need an extremely specialist team!
Are you protected when it comes to the terms of your lease? Do you understand each and every clause and their implication?
Having worked as In-house Counsel for shopping malls both fully operational and Malls under construction, lease negotiation is a very specialised area that can cost or save you Millions if not conducted correctly.
When events happen, where do you look first – the Lease to see what relief or penalties there are and any corrective timescale. We are realistic in what can and cant be negotiated but can provide a bespoke service to achieve protection against realistic future events that affect your ability to trade.
Re-negotiating an existing lease is the prime opportunity to change terms that protect you more in an ever-changing retail and corporate landscape. The Landlords monopoly in the market has changed and its time to redress the balance.
Our founder has extensive experience of negotiating large scale leases for Shopping Malls including Mall of Qatar and Reem Mall where difficult commercial considerations had to be reflected in the lease documentation executed by the parties. Due consideration is given to the commercial requirements of the Landlord, the requirements of the tenants and what is applicable in Law; finding the correct balance and solution that protects your client only comes with years of valuable experience and being able to negotiate professionally.
Whether its negotiating a large Group deal or a bespoke lease for a major anchor tenant, commercial realities have to be reflected in clear unambiguous legal language to stand the test of time incorporating realistic solutions in the event of default.
