Why Relocate?

Commercial property has a limited lifespan for most occupiers. At one time or another, every business will fall somewhere within the three-stage property cycle of acquisition, occupation and disposal. Businesses regularly need to make decisions about their commercial property based upon a number of influencing factors such as the size of the company, the markets it serves and its plans for the future.

Common relocation drivers usually include:

• Business expansion/contraction
• Accessibility to new markets
• Delivery of new products to market
• Availability of skilled labour pool
• New technology and changing production methods
• Rent reviews/lease expiry
• Outdated existing property
• Desire to change property contracts
• Operational requirements no longer being met
• Key personnel and recruitment issues
• Affordability, funding capacity and cost savings
• Property market availability
• Competitors decision making
• Changing commercial environment
• Existing site redevelopment
• Business Unit consolidation