Virtual Event – The Future of the Leisure Lease
VIRTUAL EVENT – The Future of the Leisure Lease
Date: 22nd April 9.15am – 10.15am
This seminar qualifies as 60 minutes CPD.
Join us for our keynote presentation – Key trends in retail and leisure leases – from Joe Morris of Gowling WLG, covering the current state of the leisure property lease. Joe specialises in retail and leisure, acting for large retailers on individual acquisitions and large portfolio deals, as well as portfolio management and rationalisation. He also acts for leisure operators, and he heads up the firm’s PropTech team.
Our session will cover turnover information provision, turnover rent clauses and the common pressure points. Our experts will discuss Pandemic rent suspension clauses – has the industry agreed a standard and what are the pitfalls?
Other points to be covered include:
- Lease lengths and break clauses – are these changing and are we seeing a more flexible approach?
- What alternatives to traditional OMV upwards-only rent reviews are available – and what are their strengths and weaknesses?
- What does a ‘pop up’ occupational agreement look like?
We will also cover the latest on the government’s intention to ‘review the landlord and tenant legal relationship’ – what we know now, and what this might entail going forward.
Our presentation will be followed with a panel discussion, chaired by Julie Garsden, Head of Leisure Property Management at Savills, who will put our members’ questions to our experts. Julie is a director and Head of the Leisure Property Management team and has over 25 years of experience in commercial real estate, 15 years of which has been in Leisure Portfolio Asset Management .
We are pleased to welcome Charlie Catterall, Founding Partner at ETCH. who specialises in the property expansion of restaurants, bars, gyms and other uses in the leisure market, and Dominic Bouvet, Head of UK Retail & Leisure Leasing, who is a Partner at Cushman and Wakefield, providing real estate advice to leisure and retail clients across EMEA, Asia and the Americas.