Good News For Tenants Looking For Flexible Space

The market is changing rapidly and will most likely never be the same for both tenants and landlords. It is imperative that landlords adapt to these market conditions if they want to continue operating.

“We are working with our tenants by ensuring their businesses are sustainable in the long run” says Jethro Braun, Commercial Manager at Quorum Property Group. 

“We have been exploring various options and solutions to help our commercial tenants through this treacherous time.” 

The solution which retail and industrial tenants have been looking for is “The Flexi Lease”. This helps businesses pay rent on a month to month basis. Specifically targeted towards those businesses that need an immediate warehousing solution or are uncertain about what the future may hold. 

As the SA GDP is expected to contract by just over 6% this year, tenants are nervous about signing long term leases and they have every right to be

“Whilst we are optimistic about the market returning to a sense of normality further down the line, we need to be prompt in our response to the commercial needs of our tenants.”

For more Flexible commercial solutions contact; Jethro on cell: 0720715585 or email: jethro@quorumproperties.co.za