We provide true tenant representation services for our selected Clients. Our goal is to find the right space, sign the lease with the best terms possible, and keep cost control in the hands of our Clients.
OUR GOAL: Find the right space to design a great place to work and to support HR recruitment, sign the lease with best terms possible and keep cost control in the hands of our Clients, not the Lessor.
OUR ROLE: Tenant Representation & Project Management (Overall planning & execution)
After determining our Client’s needs, we identify, evaluate, and suggest appropriate temporary and permanent office space options, schedule appointments for site visits, provide cost-calculations and test-fits. When considering office buildings, we take into account the following:
Property costs are typically the second largest cost pool after personnel costs in the service and knowledgebased industries, therefore cost planning is critical. We provide Clients with a 5-year cost plan to build and run the new offices covering expected capital investments, annual and monthly recurring costs including architectural, mechanical, electrical, interior design, IT, AV, fire safety and security related design, build-out and post-occupancy costs.
We provide information about government subsidies available to investment projects, SSC and R&D investment projects in Hungary. In cooperation with our partners we can provide information on the Hungarian investment, legal, tax and financial environments to help our Clients’ budgetting.
Once an investment decision has been made, we can assist in lease negotiations to reach the best deal possible incorporating Phase 2, the build-out. As an independent firm, unlike some large real estate agencies, we are not committed to any office buildings / property developers, so we can choose from a larger pool of properties, and provide true Tenant Representation services for our Clients We run proper build-out tender based on execution plans, a bill of materials and a bill of quantities to save on standard and non-standard build-out components. In most cases, in agreement with Clients, Stay In Hungary Ltd requests full crediting of the fit-out contribution to be used towards finance planning and tendering a high-quality build-out at a competitive price.
In the lease agreement: