POSCO International

POSCO International

A Smart CBD Relocation That Delivered Over $700K in Savings

Client Overview

No. of projects:
Multiple Projects
Single Project
Size:
260 sqm
Locations:
Sydney
Location:
Sydney
Industry:
Manufacturing + Industrial
Project Type:
Office Relocation
Project Types:
Office Relocation
About the company
POSCO is one of South Korea’s largest multinational conglomerates, with operations spanning steel manufacturing, energy, and global trading. The Sydney-based subsidiary supports the company’s Oceania operations and plays a key role in regional business development.
Learn more about POSCO
POSCO International

Featured Project

At a glance

Clear comms to support a bilingual team
$700k total savings
New fit-out paid by landlord

The Brief

POSCO's Australian subsidiary engaged Tenant CS to support their Sydney CBD office relocation and lease negotiation. With a lease expiry approaching and a growing headcount, the business needed more space, and fast.

The Results

Following a targeted market search and competitive negotiation process, Tenant CS secured a premium CBD office that met POSCO’s operational and growth requirements — while delivering significant financial outcomes.

Key outcomes included:

  • Over $700,000 in total cost savings across the lease term
  • Landlord-funded fit-out
  • Reduced annual rent increases
  • Make good savings with reduced obligations and a capped settlement structure
  • Landlord-paid tenant advisory fee

Beyond the commercial outcome, Tenant CS provided structured, transparent communication across POSCO’s Australian and Korean stakeholders -ensuring alignment and confidence at every stage of the process.

POSCO International

Project Team

Project Team

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