Renegotiating Lease
Do you rent office space of 500 m² or more? You’re likely spending hundreds of thousands to millions of crowns annually on rent. Yet many companies don’t realize that even an existing lease agreement can be an opportunity to cut costs—all it takes is a timely review and strategic renegotiation.
It’s best to start addressing lease renegotiation two years before the current agreement expires. Timely analysis, the right strategy, and market knowledge can bring you significant savings (usually around 20%), more flexible terms, and a more modern work environment—without having to change your address.
How can we help you?
We’ll conduct an audit of your current lease—identifying opportunities for savings and improved terms
We know the market and the current offers from all landlords—which allows us to negotiate more favorable rent for the next term
We’ll reduce your costs without the need to relocate
You’ll keep your offices in a location that suits both you and your employees
You’ll secure more favorable terms—such as lease flexibility, rent indexation caps, reduced contractual penalties, and more
They trust us
Sample cost-saving example
Standard lease term: 5 years
Current estimated rental costs over 5 years: 25,000,000 Kč
Knight Frank's solution: renegotiating the contract for the next lease term
Negotiation outcome:
- Rent reduction of 15 %
- Total financial savings over 5 years:
approx. 4,000,000 Kč
Other negotiated benefits
- Capping of rent indexation
- Lease flexibility
- Minimisation of contractual penalties
- Adjustment of other commercial terms to the client's needs