Renew vs. Relocate

When your lease is nearing expiry, the biggest question isn't whether to renew or relocate, it's which option will create the greatest value for your business. We provide an independent assessment of your current workplace, market opportunities and future business needs, giving you the confidence to choose the right path.

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Our renew vs. relocate process

Our approach tests your current position against the market to determine whether renewing or relocating will create greater value for your business.

Strategy & planning

We review your existing lease, understand your workplace requirements and develop a clear negotiation strategy. By establishing your objectives upfront, we ensure every decision supports the best commercial outcome.

Market search

We engage the market to identify, inspect and shortlist suitable properties while simultaneously negotiating with your existing landlord. By creating competitive tension between your current premises and alternative options, we ensure you have the information and leverage needed to confidently decide whether to renew or relocate.

Negotiation

We negotiate with multiple shortlisted landlords - including your current landlord - to maximise competition and improve your negotiating position. Running negotiations in parallel helps secure the strongest commercial outcome.

Transaction delivery

Once terms are agreed, we help facilitate the transaction through Heads of Agreement, legal documentation and lease execution. We work alongside your legal and project teams to help ensure a smooth transition through to handover and occupation.

Renew or relocate with confidence

Every renew vs relocate project is designed to determine the best commercial outcome; not simply the easiest option. We evaluate your current lease alongside market opportunities to compare costs, flexibility and business requirements before making a recommendation.

Compare occupancy costs

Assess workplace performance

Test the market

Strengthen your negotiating position

Plan for future growth

Make a confident decision

Should you exercise your option?

Exercising an option can be the simplest path, but it's not always the right commercial decision.

Market conditions, workplace requirements and landlord appetite may have changed significantly since your lease was signed. Before committing to another term, we help you assess whether renewing, relocating or testing the market will deliver the strongest outcome for your business.

Unsure of your next move?

Tenant CS helps commercial and industrial tenants across Australia gain clarity, confidence and control in their lease negotiations.

Talk with our team to:

Understand your current lease position
Explore the right strategy for your next move
Get expert advice on market conditions, costs and negotiation opportunities
Understand the process of working with us