Valiant Hire

The company received rental increase that was not in line with the market. So, Tenant CS was appointed to advocate on their behalf.

Client Overview

No. of projects:
Multiple Projects
Single Project
Size:
5,800 sqm
Locations:
Sydney
Location:
Sydney
Industry:
Furniture Rental
Project Type:
Lease Renewal, Lease Negotiation
Project Types:
Lease Renewal, Lease Negotiation
About the company
Valiant Hire is a furniture hire and event styling company.

Featured Project

At a glance

The Brief

Valiant Hire, a furniture hire and event styling company, was leasing an office and warehouse premises in South Sydney. When it came to their commercial lease renewal, the company received a rent increase notification from the landlord.

The suggested increase was not in line with the market, so Valiant Hire assigned Tenant CS to handle negotiations with their landlord.

The Results

Tenant CS undertook the following:

  • Audit of the existing premises (including lease review and site inspection)
  • Market analysis and benchmark of similar premises
  • Comprehensive rent review report for Valiant, highlighting discrepancies between the suggested rent and the market
  • Extensive negotiations with the landlord

After ten months of landlord negotiations dealing with multiple contacts, Tenant CS achieved a ‘passing rent’ (no increase) that was in line with the market.

'We couldn't have done it without them'

Thanks to Tenant CS, we're now paying a rent that’s in line with the market. We couldn't have asked for a better result and wouldn't have been able to do it without them.
Steven Remington
Managing Director, Valiant Hire

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