Negotiating commercial lease arrangements pre Covid–19 was already a stressful and highly complex ordeal. Now, with the Mandatory Leasing Code of Conduct rent abatement deals, turnover tests and compounding deferments, the situation has become extremely complex to calculate for many of our clients.
LeaseInfo® has been at the forefront of lease management, retail data and negotiation tools for decades and we hate to see both tenants and landlords in distress. This is why we have created RepayRent, the COVID–19 rent repayment and abatement calculator.
RepayRent applies the National Mandatory Code of Conduct to your leases and allows you to visualise long term portfolio impacts and plan for various lease recovery scenarios. Delivered in an easy to use excel spreadsheet, RepayRent will empower your business to make the best possible leasing arrangement decisions in a highly complex and fast changing retail landscape.
Be the one holding the cards at the negotiating table with RepayRent.
Use RepayRent to create pivot tables and graphs to visualise long term portfolio impacts and statistics. RepayRent is delivered in a streamlined, interactive and highly flexible excel spreadsheet and is available for both landlords and tenants.
Be the one holding the cards at the negotiation table with RepayRent; the COVID–19 lease repayment software. Our team of expert accountants, valuers, and data analysts have engineered a powerful and flexible rent repayment calculator, which models fully customisable business recovery scenarios, to allow you to take decisive action when negotiating your lease.
REPAYRENT MODEL FACTORS
- Monthly Rent Payable After Legislation is Applied
- % Turnover Reduced (by month)
- Pandemic Period
- Repayment Terms
- Reasonable Lease Recovery Period (adjustable)
- Lease Extensions
- Rent % Waived/ Deferred (by month)
- Rent increase Waiver
- Outgoings % Waived/ Deferred
- Promotion Levy % Waived
- Fixed Occupancy Cost % (by waiver)
WHY CHOOSE REPAYRENT?
For over a decade, LeaseInfo® have built revolutionary Australian lease management technologies. To this day, we remain independent in our innovations and pride ourselves on creating powerful solutions that enhance your productivity and save you real time and money.
Our products are trusted by retailers and landlords across Australia. We combine accurate data with robust analytics to provide our clients with unparalleled market insights, critical decision support and, of course, improved efficiencies.
RepayRent is the latest LeaseInfo® product, built to specifically to help your business navigate the changes to commercial leasing put in place in response to COVID-19. It has been extensively tested using our data and in-house experts as well as beta-tested with out clients.
The package comes with full access to our in-house support team as well as a training session to help you get started.
FIND OUT HOW REPAYRENT CAN HELP YOU
Call us on 1300 RETAIL (738 245) now to discuss your needs and book an obligation free demo. Or complete the below form and a member of our team will contact you soon.