World's Leading Hardware and Software Vendor Lease Acquisition - Egypt, Cairo - Source8
World’s Leading Hardware and Software Vendor Lease Acquisition – Egypt, Cairo
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World’s Leading Hardware and Software Vendor Lease Acquisition – Egypt, Cairo

Client: One of The World's Leading Hardware and Software Vendors

Size: 450 sqm

Brief

  • Our client required an office to accommodate a call centre function that was due to be relocated from the UAE to Cairo
  • Our client had already identified a suitable property and had been in negotiations with the landlord for over 6 months
  • Our client required the lease to be co-terminus with existing lease agreements that were due to expire within 10 months, but also include flexibility to extend if required

Challenge

  • Our client needed to be in occupation within 4 weeks of Source8’s initial instructions
  • As our client had already been in discussions with the landlord for such a long period the landlord had to be convinced that our client were in a position to proceed, especially in light of the tight timescales

Solution

  • Source8, as a result of an existing relationship with the landlord, were able to reassure him that our client had full business support and were able to conclude
  • Source8 were able to include automatic renewal provisions without penalty if there were not exercised and secure a rent that was inclusive of all property tax thereby creating further savings on an already agreed deal

Value added

  • Added value Strong negotiating tactics and proactive approach ensured that further saving were made and the office was delivered on time

Locations

Contact Source8

info@source8.com

+44 (0) 20 7752 0700

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