Know Lease events

Flexibility is increasingly key for occupiers. The pick and stick approach seems ‘old hat’, compared to contractual terms with flex appeal. Driven by technology, evolving work practices, and the current political indecision, lease events are now a powerful tool in any occupiers’ arsenal.

If faced with an approaching lease break or expiry, occupiers have three options:

  1. Renew
  2. Restructure
  3. Relocate

To extract the best value from your leasehold premises it is important to do your homework before you decide which route to take.

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