New ruling on rent review caps will have knock-on effects for tenants and landlords
On 20 December 2024, the Supreme Court of Victoria handed down its decision in ALDI Foods Pty Ltd v Northcote Shopping Centre Pty Ltd [2024] VSC 799 where it found that rent review caps do not contravene section 35(2) of the Retail Leases Act 2003 (Vic). In doing so, the Supreme Court overruled a previous order […]
