Game-Changer for Retail Leasing: Supreme Court Confirms Rent Caps Are Valid in Victoria
Game-Changer for Retail Leasing: Supreme Court Confirms Rent Caps Are Valid in Victoria A recent ruling by the Supreme Court of Victoria has clarified a long-debated issue in retail leasing: capped rent increases are indeed lawful under the Retail Leases Act 2003 (Vic). The decision in ALDI Foods Pty Ltd v Northcote Shopping Centre Pty…
