Pernod Ricard was looking to downsize their South Brisbane office. The excess space was a significant cost to the business.
Locked into a long-term lease, the company assigned Tenant CS to negotiate a lease exit so that they could relocate their operations quickly and with minimal hassle.
Tenant CS undertook the following:
After identifying a lease surrender as the most cost-effective option, Tenant CS negotiated a cash settlement with the landlord, which included make good costs. This settlement equated to a 52% saving over the remaining lease term – a result that Pernod Ricard would not have been able to achieve without the right representation and advice.
Tenant CS also handled bothersome administrative tasks in conjunction with the appointed legal counsel, leaving Pernod Ricard with more time to focus on their core business
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We acknowledge the Traditional Custodians of the lands on which we work. Our offices are located on the land of the Gadigal peoples of the Eora Nation and the Wurundjeri peoples of the Kulin Nation. We acknowledge their continued connection and contribution to land, water and community, and pay our respects to Elders past and present.
We’re proud to be an inclusive workplace, where diversity in all its forms are valued and every member of our team is encouraged to bring their whole self to work.
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