The Azure Group

The Azure Group

Tenant CS was appointed to undertake a stay vs go project to create competitive tension and boost leverage.

Client Overview

No. of projects:
Multiple Projects
Single Project
200-600 sqm
Accounting & Finance
Project Type:
Office Relocation x3, Lease Renewal x 1
Project Types:
Office Relocation x3, Lease Renewal x 1
About the company
Azure Group is a global professional services firm that partners with their clients to deliver smart, innovative and hands-on services to match the demanding needs of today’s entrepreneurial business. Driven by its ethos to “Plan for tomorrow by understanding today” and with offices in Australia and China, Azure Group brings together a team of industry-leading trusted professionals in Taxation, Commercial Accounting, CFO, and Corporate Advisory.
Learn more about Azure Group
The Azure Group

Featured Project

At a glance

Exhausted the market to create competitive tension
Secured favourable commercial renewal terms
Negotiated some lessor works for a cosmetic upgrade of tenancy

The Brief

Azure Group, a team of industry-leading accountants, tax and business advisory professionals, was faced with an upcoming lease expiry and partnered with Tenant CS to engage in a stay vs. go analysis.

The brief to market was centred around an existing fit-out catering to 50 desks and inclusive of collaboration areas (circa 600 sqm). In the event of relocation, the building grade was to be superior to their existing premises with a full market incentive to be applied as rental abatement.

The Results

After conducting a thorough market search and engaging in robust negotiations, Tenant CS determined that renewing the existing lease offered more compelling financial benefits compared to relocating.

Leveraging the relocation options found in the open market search, the team successfully secured a three-year lease renewal with tenant-centric renewal terms including an above-market incentive, and lessor works and contribution for cosmetic upgrades to the space.

The Azure Group

Project Team

Project Team

Project Team

'Exceeded our expectations'

Tenant CS exceeded our expectations by providing comprehensive market exposure and securing highly favorable commercial terms for our lease renewal at Clarence Street. Their dedication and results-driven approach were instrumental in our decision to continue our tenancy.
Natalie Jones
General Manager - Azure Group

More success stories

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