Largardère Travel Retail

Lagardère was looking to consolidate their Hq into a single site that reflected their brand and values.

Client Overview

No. of projects:
Multiple Projects
Single Project
Size:
6,000 sqft
Locations:
Singapore
Location:
Singapore
Industry:
Travel Retail
Project Type:
Office Relocation, Lease Negotiation
Project Types:
Office Relocation, Lease Negotiation
About the company
Lagardère Travel Retail Singapore is a division of Lagardère Asia Pacific. The company is a leader in travel retail, with stores in major transport hubs in the region.

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At a glance

The Brief

Lagardère was looking to consolidate their Singapore office and Asian HQ into a single site. They required a 6,000 sq.ft office that reflected their brand and values and was close to all amenities and public transport (direct access to the MRT stations along the East-West line was a must). The company also wanted their new space to be close to both Changi Airports and the CBD.

Tenant CS was appointed to conduct a site search on behalf of Lagardère.

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 market analysis and site selection
  • Building inspections
  • Financial feasibility of options shortlisted
  • Negotiation of new lease terms

Tenant CS found a suitable office space (6,500 sq.ft) within the SingPost building in the new city precinct and regional hub of Paya Lebar.

The SingPost building features a newly renovated lobby, competitive rental rates and is near Changi Airports and the CBD. Plus, with the Paya Lebar MRT Interchange within walking distance, employees now enjoy easy access to different pockets of Singapore via the East-West Line and the Circle line.

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