Facing an upcoming lease expiry in their Chatswood location, iNova Pharmaceuticals was contemplating moving office.
Tenant CS was appointed to undertake a stay vs. go analysis to assess whether staying in their current premises or relocating was the more attractive option.
This involved:
Though relocation was initially the preferred option, Tenant CS’s deep financial analysis identified the true cost of the exercise, taking into account the miscellaneous (and often overlooked) costs like changing the address on packaging.
This ultimately lead iNova Pharmaceuticals to renew their existing lease for a further five year term and provided them with the opportunity to refresh the fit-out and plan for the future. Through Tenant CS’s advocacy, iNova was able to save over the course of the lease.
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We acknowledge the Traditional Custodians of the lands on which we work. Our offices are located on the land of the Gadigal peoples of the Eora Nation and the Wurundjeri peoples of the Kulin Nation. We acknowledge their continued connection and contribution to land, water and community, and pay our respects to Elders past and present.
We’re proud to be an inclusive workplace, where diversity in all its forms are valued and every member of our team is encouraged to bring their whole self to work.
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