Commercial leasing: Watch this space

The gross rent per square metre that Graphique Solutions Pty Ltd will pay to lease 350 square metres at 1/4 Wirega Avenue, Kingsrove in the Southern suburbs of Sydney from Shehata. The lease term is three years plus a three-year option, with the contract negotiated by Emilios Michael from Niemeyer Commercial Industrial Property.

The annual rent that a private investor will earn following the lease of five shops on the site of a demolished KFC restaurant at 305 High Street in Ashburton in Melbourne. The leasing agent was Ben Evans of Gray Johnson. The largest outlet, measuring 140 square metres, was leased for $480 per square metre on a five-year basis, plus a further five-year option, to Every Battery.

The size of a warehouse that Vacant Lot Retail Pty Ltd has leased at 4/1A Box Road in Taren Point, 20 kilometres south of the Sydney CBD from Cornelius van Graan. Vacant Lot will pay a gross rent of $166 per square metre. The leasing agreement, which runs for 11 months, was negotiated by Trent Gallagher from Colliers International.

The gross rent per square metre that content delivery start-up Tapit Media Pty Ltd will pay to lease a 77-square-metre office at suite B, level 1, 17-19 Alberta Street in Surrey Hills from a private investor. The lease term is 18 months, with the agreement negotiated by Kylie Doust from DB Property.

The annual rent that Swiss luxury watchmaker Rolex will pay to rent a shop at 100 Knightsbridge in London, one of three retail outlets that form part of One Hyde Park, one of the world’s most expensive residential developments. Rolex has renewed its lease for a further 14.5 years, with the deal negotiated by Savills London. The store was recently bought by Grigory Guselnikov, a 35-year-old Russian investor, for £13 million ($20 million).