Beiersdorf

  • 400sqm
  • Melbourne, Australia
  • FMCG

The Brief

Beiersdorf is a German personal-care company that has more than 150 affiliates around the globe. Worldwide, Beiersdorf employs over 16,500 people of whom 965 are scientists.

With a growing headcount and imminent lease expiry for their Melbourne site, Beiersdorf was looking to relocate to a larger space more in line with its corporate image.

The Solution

  • Audit of the existing premises (including lease review, site inspection and market analysis)
  • Needs assessment for the new facility
  • Melbourne market analysis and site selection
  • Building inspections
  • Financial feasibility of options shortlisted
  • Negotiation of new lease terms

The Results

Tenant CS assisted Beiersdorf in relocating to a prime office space in their preferred suburb and negotiated favourable lease terms on their behalf. These terms included a 24% incentive on a 3-year lease, which is well above the market average of 8-10%.

The new office space is also located in a modern A-Grade building that reflects Beiersdorf’s global corporate image.

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