Sometimes what you need is not a transaction — it is a clear read on where your portfolio stands. Elite Retail Leasing provides retail consultancy across location strategy, occupancy costs, centre performance and leasing decisions.
Retail leasing decisions are usually made with incomplete information. You know what your own sites cost. You rarely know what comparable tenants are paying in the same centre, how that centre is actually trading, or what a landlord will realistically concede in the current market.
That is the gap we fill. With more than twelve years inside Australia’s retail leasing sector — including managing the leasing and performance uplift of complex retail assets — we bring the landlord-side perspective to tenant-side decisions.
Engagements range from a single question about one site through to an ongoing advisory relationship across a national portfolio.
A structured review of every site: passing rent versus market, occupancy cost ratio, expiry and option dates, make good exposure and performance. The output is a clear list of what to renew or renegotiate, relocate or exit.
Rent is only one line. We look at total occupancy cost — base rent, outgoings, promotional levies, turnover rent — as a percentage of turnover, and compare it against what is achievable in comparable centres.
Which centre types suit your format, which trade areas are worth entering, and which centres are trending in the wrong direction. Centre performance changes, and leases are long.
An offer in front of you and no benchmark to judge it against. We review the proposed terms, identify what is out of market, and tell you what is worth pushing on.
Options and expiries create leverage — but only if they are managed early. We map the calendar across your portfolio so decisions are made 12 to 18 months out.
Yes. A large part of our consultancy work is a single question — is this deal reasonable, should we exercise this option, is this centre still right for us. There is no minimum portfolio size.
Yes. We are based in Melbourne and act for tenants across Australia. Retail leasing conditions differ meaningfully between states and between centre owners, and that difference is often the point of the advice.
Everything from single-store operators to national brands with more than 50 locations, across food, fashion and service-based retail. The approach scales; the strategy is built around the specific business.
Tell us about your site, your lease or your growth plans. We will tell you where you stand — directly, and without obligation.
© Elite Retail Leasing — Retail Leasing Consultants, Melbourne, Victoria, Australia
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