An adviser adds the most value when strategic decisions need to be made. For example, when a lease is approaching expiry, when an organisation is expanding or downsizing, or when ways of working are changing. Independent advice is also essential in cases of lease renegotiations, mergers or sustainability challenges. Parella looks beyond the rental rate alone. We help you make decisions that are financially sound, functionally aligned and future ready.
We look beyond the base rent alone. We also assess service charges, lease term, flexibility and fit out costs. By analysing the full scope of the agreement, we often realise substantial savings over the entire lease period without compromising on quality or functionality. In our negotiations and financial analyses, we focus on:
- Rental level and incentives, such as rent free periods or landlord contributions.
- Lease term, tenant break options and rent review mechanisms.
- Delivery condition and limitations on annual indexation.
- Services and provisions included by the landlord. In addition, we optimise legal and operational clauses that can have significant financial impact, including:
- Application of statutory defect provisions.
- Subletting and assignment rights.
- No reinstatement obligation upon exit.
- Signage and branding rights on the building.
- Timely and transparent settlement of service charges. By incorporating all these elements into our comparison and negotiation process, and by using our Creasy tool to provide insight into total cost and CO₂ impact, we consistently secure stronger commercial terms for our clients, often delivering savings of 10 to 25 percent over the total lease duration.
We act exclusively on behalf of tenants. This means we have no conflicting interests with landlords, property managers or investors. We are engaged and paid solely by our client, ensuring that every recommendation is made in your best interest. This leads to clear negotiations, full transparency and stronger lease terms. Our success is directly linked to the outcome you achieve, not to the number of transactions we close for landlords.
Yes, absolutely. Remaining in your current premises is often the most cost efficient option, provided the lease is thoroughly reassessed and renegotiated. We benchmark the market rent, identify optimisation opportunities such as lease term, rent free periods, service charges and flexibility, and use market data as a negotiation lever. With a strong alternative scenario developed through our Creasy tool, we maintain negotiating pressure and create room for improved commercial terms.
Ideally, you should start 9 to 12 months before the expiry date of the current lease term. This allows sufficient time to explore the market, compare alternatives and negotiate from a well informed position. For smaller spaces or straightforward renewals, 4 to 6 months may be sufficient. However, starting early gives you control over the process and significantly reduces the risk of overpaying.