The challenge
The site was split with multiple landlords and under separate leases. The client required guidance on agreeing revised rents and coterminous lease terms that would generate maximum rent savings.
The solution
We provided professional advice for the master plan that included the regear of 400,000 sq ft of buildings and a car park. We coordinated complex, successful negotiations between two institutional landlords, which led to the tenant securing millions of savings in rent.
