Retail, Offices & Commercial Real Estate

Occupier & Tenant Representation

Advising occupiers and representing tenants: reading the occupier's business need, defining requirements, comparing stay-vs-go and lease-vs-own, and negotiating on the tenant's behalf.

Intermediate
4 modules 16 lessons 4 exercises
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The promise

Represent an occupier from requirement definition through to a negotiated lease.

By the end you can

  • Read the occupier's business need
  • Define and compare space requirements
  • Weigh stay-vs-go and lease-vs-own
  • Negotiate on the tenant's behalf

Where this course takes you

This course is part of 2 role tracks. Each ends in a professional deliverable and stacks toward a named certificate.

Curriculum

01

The Occupier's Perspective

How occupiers experience real estate as a business cost and enabler, corporate real estate and workplace strategy, and the decision drivers that shape occupier demand.

Real Estate as a Business Cost and EnablerReading
Corporate Real Estate and Workplace StrategyReading
The Occupier's Decision DriversReading
Exercise: Translate a Business Change into a Real Estate RequirementExercise
02

Requirements & Market Search

Turning an occupier's needs into a written requirements brief, running a disciplined market search, and evaluating buildings against defined criteria.

Writing a Requirements BriefReading
Market Search and ShortlistingReading
Evaluating Buildings Against NeedsReading
Exercise: Build a Requirements Brief and Shortlist CriteriaExercise
03

Stay vs Go & Lease vs Own

Comparing renewal against relocation, building a total occupancy cost comparison, and framing the lease-vs-own decision on the occupier's terms.

Renewal vs RelocationReading
Total Occupancy Cost (TOC)Reading
Lease vs Own and the Financial ComparisonReading
Exercise: Build a Stay-vs-Go TOC ComparisonExercise
04

Negotiation & Representing the Tenant

Negotiating heads of terms and incentives, structuring flexibility and break options, and acting for the tenant with a clear view of conflicts and fees.

Heads of Terms and IncentivesReading
Break Options, Flexibility and RiskReading
Acting for the Tenant vs the LandlordReading
Exercise: Prepare the Tenant's Negotiation PositionExercise

Course assessment

Occupier & Tenant Representation — AssessmentPass 70%

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The capstone project

This course ends in a real professional deliverable. Complete the course — including the capstone — and your certificate is issued automatically.

Your final deliverable

Occupier Strategy Capstone: Stay-vs-Go for an Expiring Lease

A concise occupier strategy document containing:

  • Requirements summary — the business change in one line, ranked decision drivers with justification, and a disciplined must-have / nice-to-have requirement set with headcount-to-area logic (figures tagged "requires local market data").
  • Shortlist approach — how options are sourced and a spread of three to five genuinely different options, with the evaluation criteria and weights.
  • TOC comparison — a like-for-like stay-vs-go total-occupancy-cost table over a stated common horizon, shown as total and per head per year, with a base case and a downside case; every figure tagged "requires local market data".
  • Negotiation plan — prioritised drivers and tradeables, a target-terms table (opening / target / walk-away on an effective-rent basis) covering rent-free, fit-out contribution, break options with limited conditions, service-charge cap and expansion rights, and explicit use of the credible alternative as leverage.
  • Recommendation and risks — a clear stay-or-go call, the reasoning tying back to drivers and TOC, and the main risks with mitigations. Throughout, the work must demonstrate undivided loyalty to the tenant and an aligned fee stance, and must never invent market numbers.

Graded on five criteria

  • Method & rigourThe right framework, applied correctly, with the working shown — not just an answer.
  • Data honestyEvery figure is sourced, triangulated, or explicitly flagged “requires local market data”. Nothing is invented.
  • Analysis & judgmentAssumptions are explicit, at least one alternative is weighed, and the key risks are quantified.
  • RecommendationA clear, decision-useful conclusion a professional could act on — with the conditions that qualify it.
  • CommunicationStructured, concise, and client-ready — the argument lands.

Pass criteria

A submission passes when it meets the bar on all five criteria — the work is something a competent professional could put in front of a client or committee. The Verified Professional credential is issued on a pass.

Resubmission

Work that isn't there yet comes back marked “needs work” with specific feedback. You revise and resubmit — there is no penalty and no limit on attempts.

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