Facing an upcoming lease expiry, The Australian Institute of Sport was contemplating an office move. The company appointed Tenant CS to undertake a renew vs relocate analysis to assess whether staying in their current premises or relocating was the more attractive option.
This involved:
Tenant CS secured an outstanding deal for The Australian Institute of Sport. Following an extensive market search, the team commenced negotiations on three suitable properties, including a renewal option.
Despite coming up against a tough sitting landlord, the competitive environment Tenant CS created by going to market provided the leverage needed to secure excellent renewal terms, which included: