“I reckon we'll see the administrators and receivers use this as a chance to get out of some of those leases, which is one of the great protections of the administration process here in Australia.”
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8:43
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What was described
use the administration process to exit unprofitable leases and scale back to a few boutique stores in prime locations
Said nearby on the same subject
“Over our first 12 months, we bought around 11 or 12 of these fourplexes with a few investors and really learned the process of, you know, acquiring a property and renovating it and leasing it out.”