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The actual question: payment for the office in rubles or how to reduce the cost of rent?

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  • The actual question: payment for the office in rubles or how to reduce the cost of rent?
Expert opinion
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  • 07/06/2019 - 10:33
  • 1 комментария

The sharp fluctuations in the course currency adversely affected the cost of renting offices. Tenant companies whose rental rates were fixed in dollars in the lease agreement have significantly increased rental rates since the beginning of the year. It is quite obvious that in the current economic situation, the question of reducing the cost of renting offices is quite acute, so tenants are ready to enter into negotiations with the owners on the subject of transferring rental payments from dollars to Russian currency.

Taking into account the growing level of vacant space and a record volume of commissioning of new construction in 2014 (for the nine months of 2014 a total of 966 thousand square meters were commissioned and by the end of the year another 600 thousand square meters were announced, which is a record for last 5 years), we see that today tenants have a choice - to stay in the current office and pay a high rent, or move to a higher-quality facility on favorable terms for the current market. Accordingly, the situation when demand is falling, supply is increasing and the rental price is growing, it is absolutely non-market, therefore the tenants' desire to reduce rental costs is quite logical.

It is worth noting that the owners today are flexible and ready to make concessions to tenants, fixing rates in rubles, not being tied to the dollar rate, as well as fixing the boundaries of the currency corridor.

ILM consultants are ready to assist you in optimizing your office rental costs. We understand that real estate decisions have a significant impact on your business plans and financial results. That is why we are ready to offer you possible scenarios for optimizing the operating costs of renting an office now. In the process of working together, we will work out in detail the tasks and goals that are achievable in negotiations with landlords, taking into account the needs of your company in the field of real estate.

We have already helped to reduce rental costs to dozens of Russian and international companies (see examples) and are fully confident that we will achieve significant savings for your company by providing quality services that meet the highest international standards. As a rule, the result of our work is to reduce the cost of renting office space for our clients by 10 - 40%.

If you are interested in the issue of reducing the cost of renting an office, call us: +7 (495) 287 06 00. We will be happy to advise you at the meeting and discuss all the details.

 

 

 

 

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/
  • 07/06/2019 - 10:33
  • 1 комментария

The sharp fluctuations in the course currency adversely affected the cost of renting offices. Tenant companies whose rental rates were fixed in dollars in the lease agreement have significantly increased rental rates since the beginning of the year. It is quite obvious that in the current economic situation, the question of reducing the cost of renting offices is quite acute, so tenants are ready to enter into negotiations with the owners on the subject of transferring rental payments from dollars to Russian currency.

Taking into account the growing level of vacant space and a record volume of commissioning of new construction in 2014 (for the nine months of 2014 a total of 966 thousand square meters were commissioned and by the end of the year another 600 thousand square meters were announced, which is a record for last 5 years), we see that today tenants have a choice - to stay in the current office and pay a high rent, or move to a higher-quality facility on favorable terms for the current market. Accordingly, the situation when demand is falling, supply is increasing and the rental price is growing, it is absolutely non-market, therefore the tenants' desire to reduce rental costs is quite logical.

It is worth noting that the owners today are flexible and ready to make concessions to tenants, fixing rates in rubles, not being tied to the dollar rate, as well as fixing the boundaries of the currency corridor.

ILM consultants are ready to assist you in optimizing your office rental costs. We understand that real estate decisions have a significant impact on your business plans and financial results. That is why we are ready to offer you possible scenarios for optimizing the operating costs of renting an office now. In the process of working together, we will work out in detail the tasks and goals that are achievable in negotiations with landlords, taking into account the needs of your company in the field of real estate.

We have already helped to reduce rental costs to dozens of Russian and international companies (see examples) and are fully confident that we will achieve significant savings for your company by providing quality services that meet the highest international standards. As a rule, the result of our work is to reduce the cost of renting office space for our clients by 10 - 40%.

If you are interested in the issue of reducing the cost of renting an office, call us: +7 (495) 287 06 00. We will be happy to advise you at the meeting and discuss all the details.

 

 

 

 

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