The client’s workplace portfolio had expanded rapidly, leaving them with a mix of leases, cost structures and obligations that were difficult to compare and govern.
With little central oversight, they were missing important opportunities, such as:
• Renegotiation of lease terms
• Consolidation and location performance reviews
• Dilapidations risk reduction
To support long-term growth and cost control, they needed a clear strategy fully aligned to business priorities.
Solution
We entered all of their leases into TERA, our portfolio-lease management platform, to bring every lease, liability and cost into a single interactive view.
With that foundation, our experts identified optimisation opportunities across:
• Lease renewals and negotiation leverage
• Rates mitigation and blended cost improvements
• Site consolidation to remove inefficiencies
• Dilapidations strategy to reduce exposure
With this foundation, we were able to facilitate several portfolio projects within TERA to keep the business running smoothly and the leadership team moving towards their goals.
Value Delivered
✔ Immediate, measurable savings identified across the estate
✔ Long-term liabilities reduced with a proactive strategic roadmap
✔ Consistent processes introduced for future lease decisions and management
✔ Each asset performance pushed closer to full utilisation and ROI