Lease Acquisition & Fit Out - Angola, Luanda - Source8
Lease Acquisition & Fit Out – Angola, Luanda
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Lease Acquisition & Fit Out – Angola, Luanda

Client: Global IT Company

Size: 180 sqm

Brief

  • Our client required end to end turnkey real estate services so as to open their office in Luanda

Challenge

  • Luanda is one of the fastest and most expensive real estate markets in the world
  • There is low supply of good quality Grade A/B commercial properties
  • Timelines to undertake the project from end to end were tight meaning that there was little room for error on both the transaction and project management scopes

Solution

  • Source8 identified suitable options in-country and ensured that proper legal and technical due diligence was carried out on the properties
  • Source8 managed to negotiate favourable lease terms tying in project management related issues into the lease
  • Source8 took ownership of and project managed the fit out and delivery of the office with structural, IT and security modifications
  • Souce8 ensured timely sourcing of furniture, fixtures and equipment for the office, including importation of equipment that could not be locally sourced
  • Sourec8 successfully managed the critical periods, enabled HP to meet delivery dates and mitigated risks throughout the project

Value added

  • In spite of the challenging environment, Sourec8 was able to ensure that all of our client’s requirements were met and that the office was delivered to a high standard, on time and within budget

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