Landlords and tenants are likely to change their strategies as the oversupply in A-grade office space eases, says Rodney Luntz of property consultancy Abro Luntz.

A lease in its most simple form is a cash stream for a defined period of time, and for tenants it is a commitment to providing that cash stream.

For property investors a lease in its most simple form is a cash stream for a defined period of time, while for tenants it represents a commitment to providing that revenue.

Landlords need to be more liberal towards tenants who sublet office space, says Rodney Luntz of property consultancy Abro Luntz.