Lease Equity
Lease Equity is a privately held, Perth-based commercial real estate services firm offering leasing, sales, property management, master planning, and bespoke research to property owners, developers, and institutional investors across Western Australia, with over 80% share of prime Perth CBD retail leasing.
- Company typePrivate
- Founded2002
- HeadquartersPerth, Australia
- Headcount101–250
- GTM typeB2B
- OfferingServices
What Lease Equity does
Lease Equity Pty Ltd is a privately held, family-owned commercial real estate services firm headquartered in Perth, Western Australia, established in 2002 by Jim and Karin Tsagalis. The company operates across five integrated service lines — Leasing, Sales, Property Management, Master Planning, and Bespoke Research & Consultancy — serving property owners, institutional investors, developers, and retail brand tenants throughout Western Australia, from Perth CBD to regional locations. Notable mandates span Brookfield Place, ISPT's Forrest Chase and enex100, Cbus Property's one40 William Street, Primewest's $850M+ portfolio, and Atzemis Group's sub-regional shopping centres, with the Managing Director personally transacting over 2,000 retail leasing deals and the team as a whole negotiating over 350 leases and claiming over 80% market share of prime Perth CBD retail leasing annually.
Lease Equity earns revenue through a combination of transaction-based commissions (leasing and sales, where individual property values range from $300,000 to $50 million) and recurring managed-services and professional-services fees (property management of shopping centres and commercial buildings, plus development feasibility, master planning, tenancy mix strategy, and bespoke market research). Go-to-market is enterprise field sales driven: direct engagement with property owners, developers and institutional clients through long-tenured executive relationships, supplemented by a corporate website with property listings, downloadable market insight reports, social media presence, and a premier retail partnership with the Property Council of Australia.
The business is differentiated primarily by relationship depth and local market dominance rather than proprietary technology. The team claims over 500 years of collective commercial property experience, the firm maintains multi-decade exclusive mandates (ISPT since 2003), and senior staff sit on industry bodies including the Property Council of Australia and the Historic Heart Project Steering Committee. With 101-250 employees, no external institutional investment, no disclosed funding rounds, and operations confined to Western Australia, Lease Equity is a stable, mid-sized regional agency whose growth levers are service-line extension, ESG-aligned amenity partnerships (e.g., TOMRA Containers for Change), and ongoing asset repositioning mandates rather than geographic or technology-led expansion.
Lease Equity firmographics
Firmographics- Name
- Lease Equity
- Legal name
- Lease Equity Pty Ltd
- Website
- https://lease-equity.com.au
- Company type
- Private
- Founded year
- 2002
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Lease Equity is a privately held, Perth-based commercial real estate services firm offering leasing, sales, property management, master planning, and bespoke research to property owners, developers, and institutional investors across Western Australia, with over 80% share of prime Perth CBD retail leasing.
- Ownership category
- akta.pro rank
Lease Equity industry classification
Industry- Product category
- Commercial Real Estate Services
- NAICS
- Rental and Leasing Services (532)
- SIC
- Real Estate Agents & Managers (For Others) (6531)
- akta.pro primary industry
- Industrial & Logistics Tenant Representation (BPAJALAC)
Keywords
Where Lease Equity is headquartered
LocationHeadquarters
- HQ city
- Perth
- HQ country
- Australia
- HQ region
- Oceania
Offices1 record
Markets served
Lease Equity business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Supply Chain
Revenue model
- Leasing Commissions: Revenue generated from negotiating retail and commercial leases on behalf of property owners. The team completes over 350 leasing deals per year.
- Property Sales Commissions: Revenue from selling commercial properties. Properties sold range from $300,000 to $50 million, including shopping centres, CBD arcades, and office suites.
- Property Management Fees: Ongoing management fees for shopping centres, commercial buildings, and retail properties under management. Services include strategic planning, cash flow management, tenant management, leasing, insurance review, facilities management, and marketing.
- Master Planning and Consultancy: Fees for development feasibility, leasing viability analysis, gap analysis, tenancy mix templates, and strategic advisory services for retail precinct development.
Go-to-market motion2 records
Distribution channels2 records
Marketing channels7 records
Lease Equity product offering
Product offeringCore offering
Lease Equity is a Perth-based commercial real estate agency providing integrated retail leasing, commercial property sales, property management, master planning, and bespoke research and consultancy services to property owners, developers, and institutional investors across Western Australia. The firm negotiates over 350 leasing deals per year and has sold properties ranging from $300,000 to $50 million, while managing shopping centres and commercial buildings from CBD to regional locations.
Product overview
Lease Equity is a commercial property management and leasing company established in 2002, offering a comprehensive suite of services across the property lifecycle. The core offering consists of five integrated services: Leasing (retail leasing, tenant strategy, and negotiation), Sales (commercial property transactions), Property Management (comprehensive asset and facilities management), Master Planning (development planning and delivery), and Bespoke Research & Consultancy (market intelligence and strategic advice). The company also provides Market Insights reports as an add-on intelligence service. These services work together to serve property owners, landlords, and developers across Western Australia, from CBD assets to regional shopping centres.
Differentiator
Problem solved
Functional benefit
Products and services
- Leasing Services
Quantifiable outcome
- Over 350 leasing deals transacted per year
- +3 more outcomes
Companies that use Lease Equity
Customer profileNamed customers8 records
Segments4 records
Ideal customer profiles3 records
Lease Equity technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Lease Equity partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered flagship, core and minor.
- Historic Heart ProjectflagshipLease Equity is proudly involved with the Historic Heart Project, initiated in January 2016 to revitalize the east end of the Perth CBD spanning from Barrack Street to the Perth Mint. Company serves on the Steering Committee and plays a key role in transforming the existing neighbourhood into a vibrant destination.
- Property Council of AustraliacoreLease Equity has maintained a proud association with the Property Council of Australia for over 10 years as the premier retail partner in Western Australia. Senior Lease Equity staff actively participate in educating the industry and speaking to the property industry through Property Council events and initiatives.
- City of PerthcoreLease Equity executives actively participate with the Lord Mayor, Councillors, and Senior Administrative staff in enhancing place-making within the city and overcoming hurdles for stakeholders. Company maintains a strong collaborative relationship with the City of Perth municipality.
- Sir Charles Gairdner HospitalminorLease Equity recognizes the significance of Sir Charles Gairdner Hospital as one of the principal hospitals in Perth. The company has donated a number of art pieces by renowned artists to the hospital to brighten the day of those who have been afflicted by illness.
Scale indicators9 records
Recent moves6 records
Expansion highlights5 records
Lease Equity competitors and assessment
Company assessmentDirect peers
- Burgess Rawson: Australian boutique commercial real estate firm specializing in commercial investment sales and asset management; similar transaction-fee revenue model and institutional client base to Lease Equity.
- Knight Frank Australia: Global real estate services firm with a strong Perth CBD office actively competing for retail leasing mandates, property management, and master planning assignments; closest analogue in scale and segment focus to Lease Equity.
Broad incumbents
- JLL Australia: Global real estate services firm with Perth retail leasing and asset management capability; competes for similar institutional landlord mandates across WA.
- CBRE Australia: World's largest commercial real estate services firm with a Perth office competing for institutional landlord mandates across leasing, investment sales, and asset management; relevant incumbent comparable.
- Colliers International Australia: Global CRE services platform with active Perth retail leasing and investment sales teams; competes head-to-head for shopping centre and CBD retail mandates.
- Savills Australia: International real estate advisor with Australian retail leasing capability including Perth; broadly comparable service line-up (leasing, investment sales, property management).
- Cushman & Wakefield Australia: Global CRE firm with Australian retail leasing and asset management practice; competes for shopping centre and CBD retail mandates similar to Lease Equity's WA portfolio.
Regional players
- Ray White Commercial: Large Australian CRE franchise network with WA commercial leasing and sales capability; competes for similar retail and shopping centre mandates at a more distributed scale.
- Stone Real Estate: Australian regional CRE firm with WA commercial and retail leasing operations; comparable size and boutique positioning, though serving multiple east-coast markets as well.
- Harcourts Commercial WA: Commercial real estate arm of the Harcourts network active in Perth and WA retail/commercial leasing and sales; broadly comparable boutique regional competitor.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Lease Equity social profiles
Digital presenceLease Equity financial estimates
Financial estimateRevenue estimate
Valuation estimate
Lease Equity leadership team
Management profileNumber of profiles
Profiles7 records
Lease Equity funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Lease Equity M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Lease Equity
What does Lease Equity do?
Lease Equity is a Perth-based commercial real estate agency providing integrated retail leasing, commercial property sales, property management, master planning, and bespoke research and consultancy services to property owners, developers, and institutional investors across Western Australia. The firm negotiates over 350 leasing deals per year and has sold properties ranging from $300,000 to $50 million, while managing shopping centres and commercial buildings from CBD to regional locations.
Is Lease Equity a public or private company?
Lease Equity is a private company. It is classified as family owned and is currently operating.
When was Lease Equity founded?
Lease Equity was founded in 2002. It employs 101 to 250 people.
Where is Lease Equity based?
Lease Equity is headquartered in Perth, Australia, in the Oceania region.
How does Lease Equity make money?
Four revenue lines are on record. Leasing Commissions are the primary driver. The others are property Sales Commissions, property Management Fees and master Planning and Consultancy.
Who are Lease Equity's main competitors?
Direct peers on record are Burgess Rawson and Knight Frank Australia. Broad incumbents are JLL Australia, CBRE Australia, Colliers International Australia, Savills Australia and Cushman & Wakefield Australia. Regional players are Ray White Commercial, Stone Real Estate and Harcourts Commercial WA.
Does Lease Equity have an API?
No public API is recorded for Lease Equity.
What industry is Lease Equity in?
Lease Equity's product category is Commercial Real Estate Services. Its primary akta.pro industry code is BPAJALAC, Industrial & Logistics Tenant Representation. Its NAICS code is 532 and its SIC code is 6531.