It has been almost 2 years since the COVID-19 Pandemic hit Australia. Much has happened during that time and many small to medium businesses have struggled with “lockdowns” and dramatic declines in turnover and staff shortages.
The relief provided to lessees by various iterations of Retail and Other Commercial Leases (COVID-19) Regulations (Regulations) have assisted many lessees at the cost of lessors to a significant extent and prevented the closure of many small to medium businesses. The mandatory mediations required by the Regulations have allowed lessees and lessors in many instances to negotiate commercial arrangements which have allowed the affected businesses to continue to operate in the hope that the Pandemic would eventually come to an end.
Well, as the end of 2021 draws near there finally appears to be a light at the end of the COVID-19 tunnel. Restrictions are being eased, businesses are reopening and it appears that some degree of normality to returning.
Although property prices have remained strong through the Pandemic with demand being strong in Sydney and many regional areas, the move to a post COVID life remains a little uncertain with new variants of the virus emerging and the possibility of the return of restrictions not being ruled out.
That said, we at Lopich Lawyers look forward to the new “normal” that is becoming a reality for all. Whether you are looking for a new home or investment property, or are wanting to enter into a new lease of retail shop or other commercial premises, we can provide the expertise and professional service to assist you to quickly and smoothly bring this about.
Contact Lopich Lawyers on 1300 783 634 or by email at:- info@lopichlawyers.com.au for all your property needs.
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