JCDecaux

JCDecaux

Successfully sublet office-warehouse setup using an elevated disposal strategy

Client Overview

No. of projects:
Multiple Projects
Single Project
Size:
Confidential
Locations:
Sydney
Location:
Sydney
Industry:
Media/Advertising
Project Type:
Sublease/Disposal
Project Types:
Sublease/Disposal
About the company
JCDecaux is a global leader in outdoor advertising, delivering media solutions across transport networks, billboards, and digital displays.
Learn more about JCDecaux
JCDecaux

Featured Project

At a glance

Surplus space successfully subleased
Open listing campaign maximised market reach
Portfolio refined to better support operations

The Brief

JCDecaux wanted to dispose of surplus office space in Sydney following a broader property consolidation.

With a larger, better-suited space already secured out west, the existing premises no longer aligned with how the team was operating. Tenant CS was engaged to efficiently dispose of the space, with the goal to secure the best possible sublease outcome, reduce unnecessary costs, and streamline the portfolio.

The Results

Rather than running a traditional exclusive campaign, Tenant CS took a more open approach - launching a broad sublease strategy designed to maximise exposure and drive competition.

This included an open listing campaign, inviting the wider agent market to bring forward tenants, supported by online listings and on-site signage.

Key outcomes included:

  • Successful sublease of surplus space, reducing ongoing occupancy costs  
  • Open campaign strategy, increasing reach and competitive tension  
  • Stronger commercial outcome than a typical restricted agent approach  
  • Refined property footprint, aligned to how the business operates today

JCDecaux

Project Team

Project Team

Project Team

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