New Colliers video series explains leases for tenants

Watch the new Colliers PressPLAY video series on commercial leases

Commercial property leases can seem complex and daunting to even the most experienced tenants – but they don’t have to be.

A new Colliers PressPLAY video series – A tenant's guide to leases with Chris Farhi – aims to help tenants make better decisions by explaining how commercial property leases work and common pitfalls to avoid.

Chris Farhi, Colliers International’s Strategic Consulting Director, says the video series came about as a response to the issues he frequently encounters when representing tenants during negotiations.

“Tenants are often surprised when something goes wrong – whether it’s a massive rent hike, or an expensive settlement at the end of a lease,” he says.

“The key to avoiding these pitfalls is to understand your lease, plan in advance, keep good records and seek appropriate advice throughout your tenancy.

“The new Colliers PressPLAY video series covers all of these aspects of commercial property leases from a tenant perspective.

“Whether you’re a new tenant, a small business or a large corporate occupier, I’m confident you’ll find something useful in these videos – and hopefully, they might help you to avoid a costly mistake in the future.”

The first episodes in the 13-part video series are available to watch now, with more videos to be added frequently in the coming weeks.


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Chris Farhi

Director

Auckland CBD

Chris is a Director wtihin the Strategic Advisory team. The team helps you with your big property decisions and complex transactions.

Chris’ background in brief:

  • Property strategy advisor for some of New Zealand’s most successful private sector, public sector and non-for-profit organisations.
  • Tenant representative (tenant-paid lease negotiator) for organisations ranging from small-to-medium enterprises through to major listed companies and government agencies.
  • Specialist skills in commercial leasing, financial analysis and market research.
  • Part-time lecturer at the University of Auckland Business School and commercial leasing trainer for the Royal Institution of Chartered Surveyors.

Chris’ qualifications include Honours degrees in both Civil Engineering and Property from the University of Auckland, and a Master of Philosophy from the University of Cambridge, UK. He is a Chartered Member of the Royal Institution of Chartered Surveyors.

Outside of work, Chris is a combat engineer in the NZ Army Reserve and a keen baker

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Understanding your commercial property lease - Episode 1