Securing a fitted office quickly in a difficult market, while cutting future lease liabilities.
Sydney
Professional Services
900 sqm
"We were faced with a lease expiry, uncooperative landlord, full makegood and uncertain market conditions. Tenant CS secured our preferred property with better-than-market commercial terms at a lower cost compared to renewal. Their transparent and proactive approach made the process easy."
At the height of COVID-19, BSI was facing a fast-approaching lease expiry, an uncooperative landlord and full make good exposure.
Tenant CS tested renewal and relocation options across the North Shore, modelled the financial impact of each path and built the business case needed to move quickly once the right option emerged.
A ready-to-use fitted option reduced relocation complexity and helped BSI move quickly despite uncertain market conditions.
Make-good obligations were removed or reduced, lowering future exit risk and protecting BSI from avoidable reinstatement costs at lease end.
By prioritising fitted options and landlord support, BSI avoided unnecessary capital spend to recreate a workplace from scratch.
Side-by-side modelling gave BSI and its head office a clear view of the true cost of staying versus moving.
Learn other ways we've helped clients with their property requirements.
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