Lease Acquisition - Libya, Tripoli - Source8
Lease Acquisition – Libya, Tripoli
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Lease Acquisition – Libya, Tripoli

Client: A Global IT Hardware Manufacturer

Size: 7 workstations


  • Our client wanted to reopen an office in Libya that was closed due to the political  clashes in 2011/2012
  • Before they withdrew from Tripoli, our client had previously begun negotiations for space in the Tripoli Business Centre (TBC) and thus had a familiarity with the building
  • Security was a fundamental concern so as long as space demands could be met the TBC option would most likely be the favoured location


  • The space that TBC had originally reserved for our client had since been taken and was currently in use
  • TBC would need to increase its security requirements to satisfy our client’s needs
  • Appropriate space elsewhere was sparse and would require significant capital expenditure to make it ready and suitable for occupation


  • Source8 negotiated with the landlord and agreed that they would relocate tenants within the property, freeing up the space originally allocated for our client.
  • Source8 ensured that the landlord would commit to putting in place and maintaining additional security measures.
  • Source8 negotiated a flexible and extendable lease term with payment terms that suited our client.

Value added

  • Source8’s was able to leverage knowledge of the existing landlord to convince them to relocate existing tenants and upgrade security measures at no additional cost to our client.


Contact Source8

+44 330 678 0710

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