International SOS

  • 3,000 sqm
  • Sydney, Australia
  • Travel & Security Firm

The Brief

International SOS, the world’s largest medical and travel security services firm, 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 Solution

  • 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

The Results

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.

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