Samsung Electronics appointed Tenant CS to search for new office space in Adelaide and negotiate & finalise tenant friendly lease terms.
The existing building no longer met the requirements and the company wanted to ‘future-proof’ the work space.
It was important that the new building would meet the corporate guidelines. As such, it needed to be in a prominent location and provide excellent signage possibilities. All the requirements were captured in a detailed Market Brief.
Tenant CS undertook the following:
After scoping the entire market, Samsung was shown the most suitable properties and was able to select the best available option.
The finalised commercial terms were very favourable, however unexpectedly the lease execution was delayed. This impacted the planned fit out works and timing significantly. Through vigorous communication with the landlord, Tenant CS was able to push out the lease commencement date, so no time was lost to Samsung.