International SOS

  • 3,000 sqm
  • Sydney, Australia
  • Stay or Go

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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