World's Leading Hardware and Software Vendors- Lease Acquisition & Fit Out – Angola, Luanda - Source8
World’s Leading Hardware and Software Vendors- Lease Acquisition & Fit Out – Angola, Luanda
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World’s Leading Hardware and Software Vendors- Lease Acquisition & Fit Out – Angola, Luanda

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

Size: 170 sqm

Brief

  • Our client occupied circa 62 sqm of office space in the Kalunga Building in Luanda, but urgently required a new office to accommodate their headcount growth and to raise the profile and upgrade the image of the company in the country
  • The new Luanda office was a top priority in our client’s Africa Plan
  • Source8 were engaged to offer a turnkey service including both Transaction and Project Management services

Challenge

  • Luanda is one of the most expensive real estate markets in the world
  • Most construction materials, finishes, furniture and equipment need to be imported thus increasing delivery costs, timeline and risks
  • The delivery timeline was very aggressive and was hit by the Christmas period, with consequent production and import freeze

Solution

  • Source8 used its in-depth knowledge of the market to find a viable option for our client
  • Source8 used its existing positive relationship with the landlord to drive successful negotiations in favour of our client
  • Source8 was able to manage the timeline through their knowledge and understanding of both local standards & practices and of our client processes & procedures

Value added

  • Source8 was able to negotiate a strong deal and drive the project to a successful close recommending innovative solutions, such as air freighting, to ensure timeline delays over the festive period did not impact the project

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