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Picabar signs five-year lease

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The owners of Northbridge’s Picabar have signed a five-year lease agreement with the Perth Theatre Trust (PTT), Culture and the Arts Minister David Templeman announced this morning, bringing to an end a year of uncertainty for the venue.

The future of the venue, which had been operating on a month-to-month basis since its six-month lease had expired in 2012, had been in doubt after management of the precinct was transferred from the state government to the PTT in October last year.

Terminating the owner’s lease as a result, PTT general manager Duncan Ord said at the time the process was standard given the transfer of management.


© Business News