Major Leasing Transactions

Property & Real Estate

Property & Real Estate » Major Leasing Transactions

Leasing corporate space is increasingly seen as a major driver of brand visibility, cultural transformation and productivity. More strategically-focused developers and fund managers have cultivated portfolio-wide relationships with major corporations which may, in turn, leverage their size to move beyond standard market rent and incentives.

Corrs works to fulfil the potential for cultural transformation that a major office move or re-commitment can offer.

We partner with major corporates to devise delivery models that unlock the potential development value of major office relocations and recommitments and produce the broadest range of benefits from improved operational productivity, cost reductions and brand exposure.

Our Experts

Alan Churley.jpg

Alan Churley

Partner Location Perth Profile
Andy Leadston th

Andy Leadston

Partner Location Melbourne Profile
Brian-Fisher.jpg

Brian Fisher

Special Counsel Location Brisbane Profile
Christine Covington.jpg

Christine Covington

Partner Location Sydney Profile
Daryl Clifford.jpg

Daryl Clifford

Partner Location Brisbane Profile

Eleanor Kwak

Special Counsel Location Melbourne Profile
Greg Hassell.jpg

Greg Hassall

Partner Location Brisbane Profile
ATKINSONJoannewebsitegreySIZEDTH.jpg

Jo-anne Atkinson

Special Counsel Location Brisbane Profile
JOHNSTON Meagan website grey SIZED TH

Meagan Johnston

Special Counsel Location Perth Profile
POPELIANSKINathanielTH.jpg

Nathaniel Popelianski

Partner Location Melbourne Profile
Paul Carrick.jpg

Paul Carrick

Partner Location Sydney Profile
Phillip Wilson.jpg

Philip Wilson

Consultant Location Perth Profile
Randal Gerkens.jpg

Randall Gerkens

Partner Location Melbourne Profile
FIELD Rebecca website grey SIZED TH

Rebecca Field

Partner Location Perth Profile
FRANCIS Scott website grey SIZED TH

Scott Francis

Special Counsel Location Brisbane Profile

Our Experience

NAB wanted proactive advisers from the ground up

Last year Victoria’s largest pre-commitment tenancy agreement for 63,000m2 wanted proactive legal advisers to successfully implement the project.

As NAB’s new environmentally-sustainable office in Melbourne’s Docklands was being purpose-built, Corrs pre-empted potential problems through regular meetings and on call advice, handling existing leases and managing relationships with the developers and other parties.

As a result, NAB was able to maintain an acceptable level of risk throughout the ambitious project.

More

Telstra

A deep understanding of the drivers for both parties in major property leasing deals was fundamental to Corrs successfully advising Telstra on the largest lease agreement ever made in Australian commercial property.

Corrs assisted in the negotiation and implementation of more than 115,000 square metres of office space in three strategic CBD locations in Sydney and Melbourne.

The deals took into account the need for a partnership delivery model, for cost effective and flexible leases and the cultural transformation opportunities sought by Telstra.

Telstra won significant annual lease savings, along with agreements for major refurbishments of all three buildings over two years.

Corrs also worked with Telstra to appoint an outsource service provider for its 14,000 properties in the largest property services outsourcing agreement in the Asia-Pacific region.

More

Our Thinking

Proposed retail lease reforms for South Australia: Key points for lessors and lessees

The South Australian government proposes changes to the Retail and Commercial Leases Act 1995 (SA). We outline the significant changes to the legislation.

More

Retail lease reforms in New South Wales: Key points for lessors and lessees

The New South Wales Government has passed amendments to the Retail Leases Act 1994 (NSW). We outline the significant changes to the Act.

More

Retail lease reforms in Queensland

The Queensland Government has passed amendments to the Retail Shop Leases Act 1994 (Qld). We outline the significant changes to the Act.

More

Australian Agriculture Investment Update - March 2016

Welcome to the March 2016 edition of the Australian Agriculture Investment Update, a quarterly publication prepared by Corrs Chambers Westgarth for clients and contacts who are interested in investment activity in the Australian agriculture sector.

More Download

Australian agriculture investment update

Welcome to the October 2015 edition of the Australian Agriculture Investment Update, a quarterly publication prepared by Corrs Chambers Westgarth for clients and contacts who are interested in investment activity in the Australian agriculture sector.

More Download

Email negotiations - Beware, you might already be bound!

Courts are ruling that email negotiations create binding contracts and businesses are finding themselves caught.

More

Sale and lease back of property: Seven steps to success

Our guide to maximising the value from your sale and leaseback transaction.

More

A fairer fire levy in Victoria? Not so for commercial property owners and their tenants

Victoria’s new fire levy aims to be a fair regime for all property owners, but it could prove more costly for owners and tenants of large commercial and industrial buildings.

More

Streamlining the sale and conveyancing process in Queensland

The Queensland Government investigation of ways to streamline the sale and conveyancing process in Queensland needs to address the disclosure requirements across all types of transactions.

More

Hot property - Get in quick

The Australian property market is so hot, you’re likely to be burned if you wait until you need it to look for new commercial property. It could cost you in failing to get what you need, or paying too much for it.

More

Our Experience

NAB wanted proactive advisers from the ground up

Last year Victoria’s largest pre-commitment tenancy agreement for 63,000m2 wanted proactive legal advisers to successfully implement the project.

As NAB’s new environmentally-sustainable office in Melbourne’s Docklands was being purpose-built, Corrs pre-empted potential problems through regular meetings and on call advice, handling existing leases and managing relationships with the developers and other parties.

As a result, NAB was able to maintain an acceptable level of risk throughout the ambitious project.

Telstra

A deep understanding of the drivers for both parties in major property leasing deals was fundamental to Corrs successfully advising Telstra on the largest lease agreement ever made in Australian commercial property.

Corrs assisted in the negotiation and implementation of more than 115,000 square metres of office space in three strategic CBD locations in Sydney and Melbourne.

The deals took into account the need for a partnership delivery model, for cost effective and flexible leases and the cultural transformation opportunities sought by Telstra.

Telstra won significant annual lease savings, along with agreements for major refurbishments of all three buildings over two years.

Corrs also worked with Telstra to appoint an outsource service provider for its 14,000 properties in the largest property services outsourcing agreement in the Asia-Pacific region.

Our Thinking

Proposed retail lease reforms for South Australia: Key points for lessors and lessees

The South Australian government proposes changes to the Retail and Commercial Leases Act 1995 (SA). We outline the significant changes to the legislation.

Retail lease reforms in New South Wales: Key points for lessors and lessees

The New South Wales Government has passed amendments to the Retail Leases Act 1994 (NSW). We outline the significant changes to the Act.

Retail lease reforms in Queensland

The Queensland Government has passed amendments to the Retail Shop Leases Act 1994 (Qld). We outline the significant changes to the Act.

Australian Agriculture Investment Update - March 2016

Welcome to the March 2016 edition of the Australian Agriculture Investment Update, a quarterly publication prepared by Corrs Chambers Westgarth for clients and contacts who are interested in investment activity in the Australian agriculture sector.

Australian agriculture investment update

Welcome to the October 2015 edition of the Australian Agriculture Investment Update, a quarterly publication prepared by Corrs Chambers Westgarth for clients and contacts who are interested in investment activity in the Australian agriculture sector.

Email negotiations - Beware, you might already be bound!

Courts are ruling that email negotiations create binding contracts and businesses are finding themselves caught.

Sale and lease back of property: Seven steps to success

Our guide to maximising the value from your sale and leaseback transaction.

A fairer fire levy in Victoria? Not so for commercial property owners and their tenants

Victoria’s new fire levy aims to be a fair regime for all property owners, but it could prove more costly for owners and tenants of large commercial and industrial buildings.

Streamlining the sale and conveyancing process in Queensland

The Queensland Government investigation of ways to streamline the sale and conveyancing process in Queensland needs to address the disclosure requirements across all types of transactions.

Hot property - Get in quick

The Australian property market is so hot, you’re likely to be burned if you wait until you need it to look for new commercial property. It could cost you in failing to get what you need, or paying too much for it.

Our Experts

Alan Churley.jpg

Alan Churley

Partner Perth +61 8 9460 1660
Andy Leadston th

Andy Leadston

Partner Melbourne +61 3 9672 3114
Brian-Fisher.jpg

Brian Fisher

Special Counsel Brisbane +61 7 3228 9762
Christine Covington.jpg

Christine Covington

Partner Sydney +61 2 9210 6428
Daryl Clifford.jpg

Daryl Clifford

Partner Brisbane +61 7 3228 9778

Eleanor Kwak

Special Counsel Melbourne +61 3 9672 3554
Greg Hassell.jpg

Greg Hassall

Partner Brisbane +61 7 3228 9359
ATKINSONJoannewebsitegreySIZEDTH.jpg

Jo-anne Atkinson

Special Counsel Brisbane +61 7 3228 9801
JOHNSTON Meagan website grey SIZED TH

Meagan Johnston

Special Counsel Perth +61 8 9460 1720
POPELIANSKINathanielTH.jpg

Nathaniel Popelianski

Partner Melbourne +61 3 9672 3435
Paul Carrick.jpg

Paul Carrick

Partner Sydney +61 2 9210 6353
Phillip Wilson.jpg

Philip Wilson

Consultant Perth +61 8 9460 1663
Randal Gerkens.jpg

Randall Gerkens

Partner Melbourne +61 3 9672 3163
FIELD Rebecca website grey SIZED TH

Rebecca Field

Partner Perth +61 8 9460 1628
FRANCIS Scott website grey SIZED TH

Scott Francis

Special Counsel Brisbane +61 7 3228 9495