I am a firm believer in the saying – activity breeds activity. One of the greatest obstacles both a landlord and his agent must overcome with leasing vacant premises is the perception that there is something wrong with the location, the building, or the lease deal on offer because it is vacant – when in most instances it is other market conditions.
The Renew Cairns program activates the property and assists in driving new leasing inquiries. The tenancy itself is presented in a better light due to the occupant’s products on display and ease of access. Similarly, it assists in bringing any objections to the front of the conversation as it helps the prospective lessee to visualise the space as they would like to fit out to display their merchandise.
I would recommend the Renew Cairns program to property owners of properties that have been vacant for long periods of time, as it generates activity that leads to increased inquiries.
– Jay Beattie, CBRE Cairns