April Insurance

April Insurance engaged Tenant CS to conduct a site search and assist with their office relocation.

Client Overview

No. of projects:
Multiple Projects
Single Project
Size:
2000 sq.ft
Locations:
Singapore
Location:
Singapore
Industry:
Insurance Solutions
Project Type:
Office Relocation, Lease Negotiation
Project Types:
Office Relocation, Lease Negotiation
About the company
APRIL Insurance provides insurance solutions and assistance services to individuals and businesses all across the globe.

Featured Project

At a glance

The Brief

The company was looking to relocate from Paya Lebar Quarters to the CBD area to facilitate their business meetings and so that their staff members could access direct transport and high-frequency services to and from the office. April Insurance engaged Tenant CS to conduct a site search and assist with their office relocation.

The Results

Tenant CS undertook the following:

  • Audit of the existing premises (including lease review, site inspection and market analysis)
  • Needs assessment for the new facility
  • Singapore CBD market analysis and site selection
  • Building inspections
  • Financial feasibility of options shortlisted
  • Negotiation of new lease terms for new site

Several office spaces were shortlisted and viewed by April Insurance, but none of the options met all of their requirements. However, Tenant CS knew of a client who was moving out of their commercial office.

The space was located within the CBD area and was around 2000 sq.ft, fully-fitted with an efficient layout. On top of this, the property offered a boutique feel that was in line with the company’s corporate image. April Insurance opted to take over this space at a highly competitive rental rate.

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