The Institute of Internal Auditors (IIA) were concerned with a demolition clause on their current premises. They engaged TRS due to their experience in the industry. IIA were aware that TRS considered cost options in the current market with office space assessments for capital cost reductions.
TRS provided market knowledge on rents and incentives in the CBD, both vacant and with fitouts in place. TRS offered a clear process for negotiations on options, including demolition clause details and impact to business. TRS were able to demonstrate all options in the market, as IIA were also concerned on the impression of a new premises for staff, clients, and members.
After assessing options, strategy, and timing IIA decided to relocate to 580 George Street that ensured the best outcome for IIA’s needs.