EP4: Will COVID-19 change how landlords and tenants engage?
The relationship between landlord and tenant is the lynchpin of the entire real estate sector, but distancing and the economic fallout from COVID-19 is taking this important partnership into unchartered waters.
Meet our speakers
Head of Property & Asset Management, JLL
Richard oversees the management of the Australian property and asset management division of JLL, leading a team of more than 1100 people. Over the past 10 years he has also been delivering and expanding JLL’s asset management services platform throughout Asia, helping clients tailor their services to local markets within their premium grade assets and tall buildings. Richard’s previous roles include general manager at Australia Square, Citigroup Centre, and Sydney Central. He has built a solid track record working for clients such as Lendlease, GPT, Dexus, Macquarie and ISPT.
Senior Associate, Norton Rose Fulbright Australia
Sarah is a real estate lawyer based in Brisbane, focused on all forms of property transactions and related advice, with a specialisation in retail leasing. Sarah has had a broad range of experience in advising institutional clients, public corporations, large private corporations and government on issues relating to retail, commercial and industrial property transactions. She has managed a number of property transactions involving property development, acquisitions and sales, put and call options, due diligence investigations, agreements for lease, leases, licences, and other related documents.
Rebecca Kent (host)
Thank you for tuning into this JLL Perspectives podcast. I'm Rebecca Kent, your host, continuing to cover the massive implications of COVID-19 on the real estate sector and how it is engaging with the broader business community. Joining me on this podcast is Richard Fennell, JLL's head of property asset management, and Sarah Philipson, a senior associate at the law firm Norton Rose Fulbright. Over the next 15 or so minutes we'll discuss how the landlord-tenant relationship has been playing out amid all the upheaval. How have they engaged? Are they shouldering the financial impact fairly? Are there enough safeguards in place? And, most importantly, what are we learning from it all? Richard, I'll start with you. The challenge thrown up by COVID-19 from a landlord-tenant perspective is not just who is going to pay the rent, is it?