Professional Lease Advice for Commercial Properties
BNP Paribas Real Estate provides its clients with one of the largest and most experienced lease advisory teams in the UK, helping landlords and tenants to negotiate the best lease terms to support business strategy and objectives.
Negotiate a favourable lease agreement
Whether you are a landlord or tenant, negotiating a favourable lease agreement can be a complex and sometimes contentious undertaking. BNP Paribas Real Estate's specialist team can provide you with all the advice and expertise you need to ensure the optimum outcome for your business. We can:
- Access accurate and thoroughly researched commercial property market data to support rent negotiations
- Develop a mutually beneficial landlord and tenant relationship
- Conduct lease negotiations in a firm but fair manner
Technical and business-focused advice
When developing a strategy to achieve our clients' objectives, BNP Paribas Real Estate considers a number of factors including the impact of lease covenants, legislation and case law to get the whole picture. Our lease advisory services include:
- Rent reviews
Maximising rental returns for landlords, and minimising exposure for tenants including strategic advice on the service of calderbank offers.
- Lease renewals
Our lease experts have an excellent understanding of the Landlord and Tenant Act, 1954, including interim rent, notice procedures and grounds of opposition. When providing advice to a client on a lease expiry, we combine technical and market knowledge by liaising with our transactional experts to guarantee that every option is considered. This ensures the best result possible on lease re-negotiations.
- Dispute resolution, arbitration and expert witness
We can draw on our extensive experience in giving expert evidence in Court and at Arbitration to aid a resolution at a rent review or lease renewal dispute. Several members of our team are regularly appointed as third parties to determine rent disputes either as Independent Experts or as Arbitrators.
- Lease restructuring
We advise on the regear of leases, offering careful analysis in order to maximise value, align with your business strategy and release value. We regularly advise on the removal or deferral of break options as well as lease extensions, extracting the best return for our clients.
We provide advice on s.18 diminution in value issues that can influence the level of dilapidations claims at the expiration of a lease.
- Property types
Our lease advisory services cover a wide range of property types including offices and business parks, industrial and warehouse, pubs and restaurants and other leisure, town centre shops, shopping centres and out of town retail, and medical centres.
The benefits of working with BNP Paribas Real Estate
Strategic and professional lease advice
- An established track record
In all areas of real estate lease advising
- National office network
We can draw on our in-depth local and regional market knowledge thanks to our local expertise across the country
- Strength and depth of our expertise
Our teams benefit from high representation on the RICS panel of arbitrators and independent experts
- Strategy tailored to your goals
At BNP Paribas Real Estate, our approach is always to understand the needs and objectives of our clients, to develop a tailored strategy that will achieve your goals