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Chris Dibble: Colliers Head of Research on 'fair proportion' rental agreement clause - Kerre Woodham Mornings Podcast

Kerre Woodham Mornings Podcast

In a surprise move, Justice Minister Kris Faafoi says he's introducing a 'fair proportion' clause into commercial rent agreements.
From today, a landlord and their tenant can agree to paying a fair amount of rent if Covid-19 has stopped a tenant being able to fully conduct their business.
Faafoi said the two parties could also agree the clause does not apply.
Colliers Head of Research Chris Dibble joined Kerre McIvor.
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Chris Dibble: Colliers Head of Research on 'fair proportion' rental agreement clause - Kerre Woodham Mornings Podcast