Now it is still worth renegotiating lease agreements
It turns out from real estate analyses that a lot of companies have realized that it is worth utilizing favourable market conditions and searching for a new office, or – in case their present office meets their demands – renegotiating the current lease agreement under more favourable conditions.
“We were satisfied with our office but wanted to look around in the market. With GVA Robertson’s assistance we surveyed and compared the potential solutions. Based on the results our present office seemed to be the best choice, so we renegotiated our lease agreement here. Thanks to GVA Robertson’s expertise and experience and the lessor’s flexible attitude we managed to make an agreement under the most favourable conditions.” comments Éva Surányi, General Manager of UPM.
“The three most important arguments for tenant representation from client’s side are professional experience, saving in costs and time, which can be achieved with the consultant’s assistance for those who plan to make decisions concerning real eastate search and strategy. Based on their thorough market knowledge tenant representation consultants find the the most favourable conditions for their clients which are still acceptable for the landlords as well. The same thing happened in this case: as a result of the succesful negotiation UPM achieved competitive conditions and the landlord of MOM Park, AEW Europe, retained a renowned tenant.” adds Róbert Papp, head of office department at GVA Robertson.