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.
If you are not a member of The Leisure Property Forum and would like access to this event, please get in touch
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, hosted by our Chair, Eddie Kemsley, CEO Margate Estates Ltd & Dreamland, Margate.
Eddie is a strategy and development specialist in the leisure and hospitality sector.
Currently, as CEO of Margate Estates Ltd and Dreamland she is driving the curation of a large mixed use development in the upcoming seaside town of Margate in Kent which is going through significant regeneration.
She has served on BALPPA’s ManCom since 2014, and regularly speaks at some of the industry’s key expos and conferences each year, such as IAAPA, Lappset, Family Attraction Expo, LeisurUp and MAPIC.
We are also pleased to welcome Charlie Catterall, Founding Partner at ETCH. Charlie has worked in the commercial real estate industry for over 11 years. Previously a Director at HDH, he has worked closely on the growth and strategy of brands including Honest Burger, The Alchemist, Blacklock, Kricket, Lina Stores, Bone Daddies and Incipio Group. He has acquired key flagship London sites for restaurant brands including Swingers and Wonderland.
Dominic Bouvet, Head of UK Retail & Leisure Leasing completes our panel. He is a Partner at Cushman and Wakefield, providing real estate advice to leisure and retail clients across EMEA, Asia and the Americas.