Turnover rents: the Australia experience

Abstract

Considers Australian shopping centres which have used turnover rents. Examines the benefits for both landlord and tenant, the structure of turnover rent, its problems and effects on the landlord‐tenant relationship. Concludes that the use of turnover rents offers benefits to landlords and tenants, particularly during recession, provided lease agreements are appropriate and tenant turnover reported accurately.

Citation

Hamilton, S. (1992), "Turnover rents: the Australia experience", Property Management, Vol. 10 No. 4, pp. 312-318. https://doi.org/10.1108/EUM0000000003388