trending Market Intelligence /marketintelligence/en/news-insights/trending/myg_z7d5h9jvsh1sgwo4mg2 content esgSubNav
In This List

ASX-listed pub landlord negotiates with tenant over proposed 10% rent increase

Blog

Japan M&A By the Numbers: Q4 2023

Case Study

An Investment Bank Taps S&P's Real Estate Modeling Expertise

Blog

FIMA EUROPE 2023: Exploring the Intersection of Data, Governance, and Future Trends in Finance

Podcast

Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)


ASX-listed pub landlord negotiates with tenant over proposed 10% rent increase

ALE Property Group is proposing to increase rents at 78 of its 86 properties in Australian by 10%, a plan that tenant ALH Group is disputing.

The Australian pubs landlord is negotiating with ALH, which disputed about half of the rent notices that it received Aug 3. The tenant added that the rents should decrease by 10%.

If the talks between the two do not result to an agreement, the rent for the related properties will be determined by an independent expert, an outcome that both parties are betting on, The Australian Financial Review reported Sept. 3, citing unnamed industry sources.

The report added that starting in November, a 10% rent hike is the maximum allowable increase under capped market rent reviews.