Client was running towards the expiration date of their current lease agreement and asked BNP Paribas Real Estate to investigate the possibility to renew the lease agreement versus a possible new location.
After we’ve benchmarked the current office location on pricing, location and the program of requirements. We’ve concluded that an renewal of the current lease agreements was the preferred option. After legal, commercial and technical negotiations we’re delivered the cash flow analyses and boardroom decision document which led to direct savings with reoccurring long term effect.
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