Clarins

Clarins appointed Tenant CS to help them identify and secure a suitable new office to accommodate part of its Hong Kong team.

Client Overview

No. of projects:
Multiple Projects
Single Project
Size:
16,000 sq.ft
Locations:
Singapore
Location:
Singapore
Industry:
Luxury Cosmetics
Project Type:
Office Relocation, Lease Negotiation
Project Types:
Office Relocation, Lease Negotiation
About the company
Clarins Group is a French luxury skincare, cosmetics and perfume company, which manufactures and sells products through high-end department store counters and selected pharmacies.

Featured Project

At a glance

The Brief

Clarins was occupying two non-consecutive floors within the same building and needed some extra space (>16,000 sq.ft) to accommodate part of its Hong Kong staff members who were joining forces with the Singapore team.

The company’s key requirement was to remain within the Orchard area, close to their retail operations. They also wanted to have all team members on one floor to promote collaboration and synergies between departments.

The Results

Tenant CS undertook the following:

  • Audit of Clarins’ current premises (including lease review, site inspection and market analysis)
  • Workshops with key team members to define property requirements
  • Analysis of the Singapore market and narrowing of best options
  • Site inspections
  • Business case for most financially viable options
  • Negotiation of lease terms for new site

Despite the limited availability of buildings with large floor plates in the Orchard area, Tenant CS secured a single 16,000sq. ft. floor plate, previously home to L’Oreal Singapore. The new fully-fitted site is a mere 50 meters away from Somerset Station, which provides great access for both staff and clients.

Tenant CS also negotiated a significant rental reduction and a long-term lease. The modern fit-out also meant that Clarins did not have to invest in fit-out works at the new site.

'Highly recommended'

We highly valued the assistance provided and would have no hesitation in recommending Tenant CS.
Anne-Gaelle Gonet
Procurement Director APAC, Clarins

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