JCDecaux

Lease Exit
Technology + Digital

Turning surplus space into savings through a wider, more competitive sublease campaign.

Location

Sydney

Client industry

Technology + Digital

Size

Confidential

The brief

As part of a property consolidation, JCDecaux had surplus Sydney space to dispose of as they opted to use a larger, better-suited site out west for their operations.

Tenant CS was engaged to reduce the ongoing cost of the redundant premises. Rather than rely on a typical exclusive listing, we opened the campaign to the wider South-West Sydney agent market, supported by online listings and on-site signage.

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

Results

1

Surplus space successfully subleased

Securing a replacement occupier reduced JCDecaux’s ongoing lease liability and turned unused space into direct cost savings.

2

Open listing widened market reach

Inviting the broader agent pool to bring tenants created more exposure than a traditional campaign.

3

Property costs aligned to the new operating model

The disposal supported JCDecaux’s wider consolidation, allowing the portfolio to better reflect where and how the team was working.

4

A disposal strategy built around the tenant

The campaign prioritised speed, reach and cost reduction rather than following the standard agency model by default.

Real businesses, real results

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