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Five years ago Kubendran entered into a 10-year lease on 45,000 square feet of industrial warehouse space at R2.50 per square foot. Now, market rent

Five years ago Kubendran entered into a 10-year lease on 45,000 square feet of industrial warehouse space at R2.50 per square foot. Now, market rent for comparable space over the next five years are R3.50 per square foot.

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Suppose that Kubendran can find 45,000 square feet of alternative space that suits his needs for R3.00 per square foot over the next five years and that he has a new tenant willing to sublease his space for five years at current market rents. If its costs of moving will be R90,000, what is Kubendran's incremental return from moving and subleasing it's space

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