Valiant Hire

  • 5,800 sqm
  • Sydney, Australia
  • Lease Renewal

The Brief

Valiant Hire, a furniture hire and event styling company, was leasing an office and warehouse premises in South Sydney. When it came to their commercial lease renewal, the company received a rent increase notification from the landlord.

The suggested increase was not in line with the market, so Valiant Hire assigned Tenant CS to handle negotiations with their landlord.

The Solution

  • Audit of the existing premises (including lease review and site inspection)
  • Market analysis and benchmark of similar premises
  • Comprehensive rent review report for Valiant, highlighting discrepancies between the suggested rent and the market
  • Extensive negotiations with the landlord

The Results

After ten months of landlord negotiations dealing with multiple contacts, Tenant CS achieved a ‘passing rent’ (no increase) that was in line with the market.

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