BETTER NEVER SETTLES

Lease renewal services have become increasingly popular in the real estate industry as both
landlords and tenants seek to streamline the leasing process and maximize their benefits. In this
blog, we will explore why lease renewal services are beneficial for clients and the advantages
they offer in real estate transactions.

Benefits of Lease Renewal Services for Clients:

1. Timesaving:
One of the primary benefits of lease renewal services for clients is the convenience and
timesaving they offer. Our team will summarize and analyse the current Lease Agreement
efficiently and effectively. They will prepare a report with a proposal to improve commercial
conditions in relation to market practice, alternative facilities, etc. This allows clients to focus on
their core activities without the stress and hassle of dealing with lease negotiations and
paperwork.

2. Expertise and Negotiation Skills:
Tenants’ needs change over the years, and with a preliminary interview with the current Lessor
we start the process of negotiating new lease terms. Our expert team has in-depth knowledge of
current market conditions and trends which enables us to negotiate the best possible terms. The
negotiation skills of our professionals can help clients achieve their leasing goals and save
money in the long run.

3. Maximizing Value:
Another key benefit of lease renewal services is the ability to maximize the value of the lease for
clients. By conducting a thorough analysis of the current lease terms, market conditions, and
tenant needs, professionals can identify opportunities to optimize the lease agreement and
ensure that clients are getting the best possible deal. This can include renegotiating rental rates,
extending lease terms, or adding new provisions that benefit the client.

4. Risk Mitigation:
Our professionals can identify potential pitfalls in the lease terms, such as maintenance
concerns, ambiguous clauses, unfavourable conditions, or legal issues, and address them
proactively to protect the client’s interests. By having experts review the lease agreement and
ensure compliance with regulations, clients can avoid costly mistakes and legal disputes in the
future.

5. Long-Term Relationship Building:
Finally, lease renewal services help clients build long-term relationships with their landlords or
tenants by fostering trust, communication, and collaboration throughout the leasing process. By
working with professionals who prioritize client satisfaction and success, clients can establish
positive relationships that benefit them in future lease transactions and real estate dealings.

Conclusion:
In conclusion, lease renewal services offer a wide range of benefits for clients in the real estate
industry, including convenience, expertise, value maximization, risk mitigation, and relationship
building. By leveraging the services of professionals, clients can navigate the lease renewal
process with confidence and achieve their leasing goals effectively. Whether you are a landlord
or a tenant, considering lease renewal services can help you optimize your leasing experience
and secure the best possible deal for your property.

CHICAGO BUSINESS WIRE – Cushman & Wakefield (NYSE: CWK), a leading global real estate services firm, was recently recognized as one of the World’s Most Sustainable Companies of 2024 by TIME. This award is presented by TIME and Statista Inc., the world-leading statistics portal and industry ranking provider.

We are honored to be recognized on TIME’s inaugural list of the World’s Most Sustainable Companies. Cushman & Wakefield is committed to sustainability and driving change for our business and our clients,” said Jessica Francisco, Chief Sustainability Officer at Cushman & Wakefield. “The commercial real estate industry has a unique opportunity in addressing global sustainability challenges, which is why it’s so important that we take bold actions today to drive a net-zero built environment and positively impact our clients, our people, our communities and our planet.”

The World’s Most Sustainable Companies were selected by TIME and Statista and assessed on over 20 key data points, including sustainability ratings and commitments; the availability and quality of sustainability reports; and the evaluation of environmental and social metrics from companies’ Corporate and Social Responsibility reports. An overall sustainability score was calculated, and the top 500 companies received the title of World’s Most Sustainable Companies of 2024. Companies were recognized in more than 30 countries, with the United States, Japan and the United Kingdom hosting the highest numbers. The full list of featured companies can be found on TIME’s website.

Learn more about sustainbility at Cushman&Wakefield.

Cushman & Wakefield has signed an exclusive affiliate agreement with CBS International to deliver commercial property services in Austria. The affiliate agreement builds upon an existing successful relationship between the two firms, with CBS International having been Cushman & Wakefield’s affiliate in Serbia and Montenegro since 2018 and Croatia since 2019.
CBS International, whose Group CEO is Dragan Radulovic, is an established business with around 400 employees. It will operate in Austria as Cushman & Wakefield CBS International, as it does in Serbia, Montenegro and Croatia.
It has established an office in Vienna’s 1010 district with a team of local market specialists and is delivering a range of brokerage and consultancy services. Led by Country Head, Thomas Schanda, the Cushman & Wakefield CBS International’s team in Austria also includes Capital Markets, Agency, Valuation & Advisory and Research & Insight specialists.