Beyond Blue

Mid-Term Lease Negotiation
NFP
Repeat client

Turning underused office space into meaningful mid-term savings, without waiting for lease expiry.

Location

Melbourne

Client industry

NFP

Size

1,700 sqm

"Next time you're at the MCG, in front of a full stadium, have a look at 1/4 of the stands... 25,500 people... that's how many additional phone calls - calls for help - we can answer because of the real estate savings Tenant CS has made for us."

Beyond Blue

The brief

Hybrid working had left a significant portion of Beyond Blue’s Melbourne office underused. Tenant CS was brought in to find a way to reduce occupancy costs mid-term, either by relocating to a smaller space or achieving a better deal in the existing premises.

Sunlit wooden chair and bench beside a gray round table by vertical ribbed glass panels.

Results

1

Value unlocked mid-lease

The project proved the team did not need to wait for expiry to challenge property costs and improve the commercial position.

2

Priority location achieved

The search secured a location aligned to Beyond Blue's preferred market, improving access for staff, clients and day-to-day business activity.

‍

3

Lease flexibility improved

The lease structure included added flexibility, giving Beyond Blue more control over future growth, exit options and changing workplace requirements.

4

Savings translated into more frontline support

Beyond Blue linked the real estate savings to capacity for 25,500 additional calls for help.

Real businesses, real results

Learn other ways we've helped clients with their property requirements.

View more