DELEGATES at this year's Australian Pharmacy Professional Conference and Trade Exhibition (APP2021) will be updated on the latest on where pharmacy rentals are heading, in a session led by Lease 1 Director Phil Chapman.
The retail industry expert (pictured) will discuss practical advice on how to make pharmacy businesses more resilient, with rent being a key area of focus.
"One of the areas of expenditure we can exercise some control over is the amount of money we spend on rent," Chapman said.
"The resilience of community pharmacy during the pandemic reinforced the value pharmacies bring to landlords," he added, but warned pharmacists to have their own strategies to renew leases early, to counter moves to improve yields among property owners.
The presentation will also feature Pharmacy Guild Group Executive for Health Economics, Philip Chindamo, who has significant experience in economic and advisory roles in both the public and private sectors.
The session will also discuss the critical conclusions of the Pharmacy Guild of Australia Rental Report.
APP registrations are now open at appconference.com.
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