verygood insight dawgfather.
This is happening to a-grade retail as well, I have never seen the incentives so high. On one perspective deal 1.5yrs rent as contribution on a 7 year lease.
But I think there is a reason for this, its keeps their 'gross rent per square meter' higher, and that number is the primary number used in valuations (in conjunction with the cap rate)
Buy, page-104
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Last
$3.12 |
Change
0.020(0.65%) |
Mkt cap ! $16.20B | |||
| Open | High | Low | Value | Volume |
| $3.12 | $3.14 | $3.09 | $20.96M | 6.735M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 126759 | $3.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.13 | 390447 | 9 |
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| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
$3.12 |
Change
0.020 ( 0.09 %) |
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| Open | High | Low | Volume | ||
| $3.12 | $3.14 | $3.09 | 2334960 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| SCG (ASX) Chart |