Tenants and landlords in New Zealand are feeling the love with the launch of a new performance leasing guide featuring model clauses that encourage cooperation and the creation of better performing buildings.
The Performance Leasing Guide and Model Clauses is a government and industry initiative, developed by the Energy Efficiency and Conservation Authority, lawyers DLA Piper New Zealand and the New Zealand Green Building Council.
The model lease clauses were adapted from those produced by Sydney’s Better Buildings Partnership, and which featured prominently in The Fifth Estate‘s Tenants and Landlords Guide to Happiness ebook series.
The performance leasing guide covers issues including tenant and landlord cooperation, energy use, water and waste, indoor environment quality and use of rating tools such as Green Star and NABERSNZ.
EECA chief executive Mike Underhill said the guide would complement other tools like NABERSNZ.
“Globally the trend is towards greater transparency about building performance, as both owners and tenants recognise the advantages of well-run, energy efficient spaces,” Mr Underhill said. “Owners want lower operating costs and better asset value, while tenants want to be in spaces that support productivity and wellbeing.”
DLA Piper New Zealand adapted the guide to the NZ context, with partner Justin March saying the guide intended to help parties set clear expectations about building performance right at the beginning of the tenant–landlord relationship.
“There is enormous advantage in taking this approach – it underpins an open, collaborative relationship where both parties get value,” he said. “This is a very practical hands-on tool that should be immensely useful to anyone involved in lease negotiations.”
NZGBC chief executive Alex Cutler said the guide was a much-needed addition because building sustainability was greatly affected by operational issues.
“How we run and maintain our buildings, and how we behave in them, is critical to workplace comfort and long-term performance,” Ms Cutler said. “Progressive, positive relationships between tenants and landlords are crucial in improving our building stock. This guide helps provide a framework for those discussions.
“We’re grateful to the Better Buildings Partnership to be able to adapt their groundbreaking resource. It’s been immensely positive working closely with EECA and DLA Piper NZ to bring this to the New Zealand market.”
- Master classes on best practice leasing will be held in Wellington and Auckland on Friday 10 July.