Veris — one advisor, six cities, five years of a portfolio brought into line with the business.
A long-term national appointment covering office lease acquisitions and renegotiations across Perth, Melbourne, Sydney, Adelaide, Hobart and Brisbane.
The situation
Veris, an ASX-listed national professional services business, held office leases across six Australian cities — each with its own expiry profile, market conditions and operational requirements. Managed transaction by transaction, in isolation, a portfolio like this drifts: terms diverge, expiries cluster inconveniently, and the property footprint slowly stops matching the shape of the business.
The approach
S King Advisory was appointed as national tenant representative, providing a single point of senior accountability across every market. Each lease event — acquisition or renegotiation — was handled not as a standalone deal but as a move within a national portfolio strategy aligned to the company’s operating plans.
That continuity compounds. Knowledge of the business’s direction carried from one negotiation into the next; landlords in every market dealt with an advisor who knew the whole board, not just the square in front of them.
The outcome
Over five years the engagement delivered a materially improved and business-aligned portfolio — leases renegotiated or replaced across all six cities, expiry risk managed deliberately, and occupancy arrangements shaped around the business rather than inherited from it.
The length of the appointment is its own evidence: national mandates are renewed on results.
At a glance
- National tenant representative across six Australian cities
- Office lease acquisitions and renegotiations over five years
- Every transaction managed within a single portfolio strategy
- Materially improved, business-aligned national portfolio
- Single point of senior accountability throughout