International SOS

International SOS appointed Tenant CS to undertake a Stay vs. Go analysis.

Client Overview

No. of projects:
Multiple Projects
Single Project
Size:
3,000 sqm
Locations:
Sydney
Location:
Sydney
Industry:
Travel & Security
Project Type:
Stay vs. Relocate
Project Types:
Stay vs. Relocate
About the company
International SOS is a health and security services firm. The company takes around 4 million assistance calls every year and has close to two-thirds of the Fortune Global 500 companies as clients.

Featured Project

At a glance

The Brief

International SOS appointed Tenant CS to identify whether to stay in its current building or relocate to a new property. The company was looking for the most cost-effective, flexible and functional occupancy solution.

The Results

Tenant CS undertook the following:

  • Audit of the existing building (including a comprehensive workplace, legal and financial analysis)
  • Market analysis (Sydney CBD) and property benchmarks
  • Definition of need to confirm property requirements
  • Brief to market and exploration to source properties
  • Property inspections
  • Business case, including financial and qualitative analysis
  • Lease negotiations with new landlord
  • Lease execution and finalisation

Following a thorough investigation into the Sydney market, Tenant CS presented a business case to International SOS’ board that demonstrated the benefits of moving out of the CBD. As a result of this project, International SOS achieved a 28% net reduction in the company’s annual rent over the term of the lease and was able to set up a more flexible and agile workplace.

'Saved us cost and hassle'

Tenant CS proved to be very reliable, great at managing our internal stakeholders and understanding the project’s challenges. They secured a quality fitted-out space, saving us the cost and hassle of a major fit-out, and went the extra mile by assisting us with make good negotiations.
Adrian Leach
Regional Managing Director, International SOS

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