LIST / SURRENDER YOUR OFFICE LEASE
LIST YOUR OFFICE IN 2 MINS!
KEY BENEFITS
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While there are no inherent termination or break rights, the tenant may be able to terminate the lease early by one of two ways:
Through negotiation and mutual agreement to surrender by compensation.
Through SAVVI's Tenants Network via introduction of replacement tenant to take up a new lease with terms and condition agreeable to the landlord.
Learn more about lease surrenders here.
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The simple answer is to utilise data and technology to ensure full market coverage in order to source an ideal replacement tenant within the shortest period of time, while also having institutional grade expertise locally to manage and negotiate your office exit and replacement with all parties, including your landlord.
Learn more about lease surrenders here.
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The lease agreement generally requires tenants to restore the property to its original handover condition, before the expiration of the tenancy at their own cost.
Reinstatement costs for Class A or Prime buildings normally range from HKD 150–300 per square foot net.
Through listing your company's office space early with SAVVI, you have access to thousands of prospective tenant's who may take over your office space in 'as is' condition, saving them both design & fit out costs, and releasing you from your reinstatement liabilities.
Learn more about securing zero reinstatement cost here.
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SAVVI's global Tenants Network is free to access. We are encouraging a share culture amongst the tenant’s community to not only benefit from cost savings, but an opportunity to save the environment through a more sustainable workspace approach.
For lease surrenders, SAVVI will charge a fee that is on a performance basis only, and commensurate to the total savings over the lease term.