King & Spalding DIFC Office Case Study

Stay vs. Go analysis secured favourable, below-market lease renewal terms for King & Spalding

Opportunity

Cushman & Wakefield Core were appointed by King & Spalding to manage the lease renewal of their premises at Al Fattan Currency House, DIFC.

Approach

We utilized a Stay vs. Go assessment to validate that remaining in the current premises was the most strategic business decision. The analysis also served as effective leverage to secure the most favourable renewal terms. Our strong relationship with the Al Fattan leasing team facilitated a smooth negotiation process, resulting in below-market rental rates.

Solution

We secured A 3-year lease term was secured with a 5% increase over the previous passing rent, while still achieving a rental rate approximately 20% below current market levels.

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