A Top 10 Fortune 100 Company - Acquisition & Fit Out - Angola, Luanda - Source8
A Top 10 Fortune 100 Company – Acquisition & Fit Out – Angola, Luanda
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A Top 10 Fortune 100 Company – Acquisition & Fit Out – Angola, Luanda

Client: A Top 10 Fortune 100 Company

Size: 1,000 sqm

Brief

  • Our client was experiencing excessive pressure on both their commercial and their residential space in Luanda
  • Source8 was engaged to carry out both a residential and commercial property search as well as to provide project management services
  • Our client required this project to be delivered using a Managed Contract approach

Challenge

  • Availability of space is extremely scarce in Luanda, especially for large floor plates
  • Luanda is the most expensive real estate market in Africa and budget is often a real problem
  • There are only a limited number of buildings on the market that meet international standards
  • The procurement process was made more challenging by the scarcity of contractors able to meet our client’s requirements

Solution

  • Sourec8 managed to deliver the project using a Managed Contract approach, enabling our client to have rigour of payments and ease their administrative burden
  • Source8 used its vast network of contacts to scope the whole market
  • Source8 carried out due diligence around local contractors and identified the best one operating in the market

Value added

  • Source8’s network of contacts and suppliers was the key to the successful delivery of this project
  • Source8 scoped the whole market to provide as much choice as possible to our client
  • Source8 continued to monitor the market even after the long list had been delivered so as to ensure back-up options in case of issues

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