Top 5 Fortune Global 500 Energy Company Lease Acquisition – Gabon, Libreville - Source8
Top 5 Fortune Global 500 Energy Company Lease Acquisition – Gabon, Libreville
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Top 5 Fortune Global 500 Energy Company Lease Acquisition – Gabon, Libreville

Client: A Top 5 Fortune Global 500 Energy Company

Size: 2,600 sqm

Brief

  • After an initial site search, our client has found a property option that they felt suited their business needs
  • Source8 was asked to validate the option from a due diligence perspective and negotiate the best terms for our client

Challenge

  • Our client had already identified the building and given indications to the landlord that this was their preferred option giving the landlord a certain level of comfort during the negotiations
  • Availability of other viable alternatives are very limited meaning that the landlords position was further secured

Solution

  • Once confirming previously negotiated rental values where fair, Source8 was able to use acceptance of this to negotiate a large number of softer lease clauses giving our client flexibility on aspects such as term, space occupied, reinstatement obligations
  • Source8 was able to manage the negotiations from start to finish, brining in the legal teams and ensuring all the information for approvals was delivered in a timely fashion

Value added

  • Source8 proactively drove the negotiations and focused on attaining lease clause benefits to our client, whilst ensuring that the deal remained active up to lease signature

Locations

Contact Source8

info@source8.com

+44 (0) 20 7752 0700

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