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Commercial property lease renewals can be decided through open negotiations or the courts dependent on the renewal rights within the lease and tenants’ ability to vacate on lease expiry, making them more contentious than rent reviews.
Negotiating commercial property rent reviews is our team of three lease advisory experts speciality with over 85 years of combined experience.
Our 15-year history of successful settlements through negotiation (or on rare occasions, the courts) is a testament to the quality and effectiveness of the service we provide.
A full understanding of current market conditions and values is key leverage in negotiations.
We have immediate access to completed transactions and the skillset to methodically analyse, compare and apply evidence along with the subject property to negotiate the best possible terms.
Several sectors have different methods of valuation. These are imperative to understand and accomplish a successful negotiation.
A landlord’s future aspirations and intentions and the tenant’s alternative options influence negotiations.
Our team’s experience and skills enable them to accurately ascertain both parties’ positions and leverage negotiations accordingly.
The condition and specification of the premises impacts future disposal and, subsequently, rental value.
In some cases, landlords must upgrade the energy performance to grant a new lease. Such upgrade works do not necessarily improve rental value.
Our team’s expertise can help you to maximise or minimise terms advantageously based on the specification of a property.
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