Largardère Travel Retail

  • 600sqm
  • Singapore
  • Travel Retail

The Brief

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.

Lagardère was looking to consolidate their Singapore office and Asian HQ into one 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 Solution

  • 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

The Results

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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