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Don E Gilbert

With 30 years of hands-on experience in multiple facets of the property industry, the last 20 focused on retail dynamics, including retail shop leases, retail property valuation and current market rent, Don is an experienced retail leasing consultant.

  • Australian Lease & Property Consultants Pty Ltd
  • B Com/B Econ; Dip Prop Val; Cert Med & Arbit.
  • CPV; MRICS
    (RICS accredited valuer expert and arbitrator; Firm Regulated by RICS)
  • Specialist Retail Valuer & Arbitrator
  • Accredited across Australia

Get In Touch

Email: dongilbert@auslease.com.au
Phone: +61 1300 413 789
Phone: +61 (0)40963 4223
Address: Mitchelton, Brisbane, QLD 4053, Australia

Expert determination

PARTIES/LEGAL REPRESENTATION/ TYPE OF DISPUTE

Joint appointment by parties’ legal representatives

INSTRUCTION:

DESCRIPTION OF DISPUTE

 Dispute about the “market rent” for 5-year option

How it was settled

Entered into joint agreement with landlord and tenant to settle dispute. Settled other disputes within the lease on a poorly drafted document which required consensus before rental dispute could be settled (lease will require some redrafting)

The previous rent was around $140,000. The rent was determined at just over $150,000 based on the facts and evidence, however it was qualified as the tenant withheld information and data considered important from the expert

The difference between the landlord and the tenant’s position was over $400,000 over 5 years

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