Optimising workplace planning, lease management, and negotiations can be achieved through three key strategies: space efficiencies, blend and extend, and options versus renewal negotiations. Focusing on space efficiencies helps organisations make smarter use of their footprint, enabling better workplace planning and uncovering cost-saving opportunities. The blend and extend strategy involves restructuring existing leases mid-term—offering increased flexibility and long-term financial benefits. Finally, understanding the difference between lease options and renewal negotiations equips businesses to critically assess whether exercising an option is the best course of action, while providing a roadmap for securing more favourable lease terms through strategic negotiation.
