Fortune Global 500 Communications Corporation Lease Renewal – Algeria, Constantine - Source8
Fortune Global 500 Communications Corporation Lease Renewal – Algeria, Constantine
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Fortune Global 500 Communications Corporation Lease Renewal – Algeria, Constantine

Client: NSNA Fortune Global 500 Communications Corporation

Size: 250 sqm

Brief

  • Our client needed to downsize their space in Constantine but their current landlord was not able to offer them a smaller space due to the configuration of the building
  • Source8 were instructed to carry out a market analysis, property search and leasehold acquisition in Constantine for our client’s office relocation

Challenge

  • The market in Constantine is small with commercial office space difficult to find as many occupiers finding themselves in converted villas
  • Due to the high demand and limited supply of commercial space, landlords are able to ask for high rents
  • Security concerns needed to be taken into account when finding new accommodation

Solution

  • Source8 was able to identify a number of suitable options, gather all the information required to carry out due diligence and undertake negotiations on behalf of our client

Value added

  • Source8 was able to leverage it’s operating model to undertake a full search, implement site visits and undertake successful negotiations for our client

Locations

Contact Source8

info@source8.com

+44 (0) 20 7752 0700

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