In the non-bank lending space, it’s commonplace in the negotiation of loan contract terms for the borrower to focus first on negotiating down the interest rate, and then on negotiating down the length of the minimum term.
Are they the ‘uber’ of commercial leasing? Co-sharing workspaces like Wotso (17 sites covering 34,000sqm), Victory (21 locations in Sydney, Melbourne, Brisbane and Perth) and WeWork are taking up more and more leases in Australia’s CBD and suburban locations.