Location
Causeway Bay, Hong Kong
Size
18,000sq.ft.
Type
Office Lease
"Albert was quick to react and managed to locate a suitable option few blocks away and was able to negotiate a favourable rental rate for our new office."
Shirley Wong
Senior Manager, AMENA
Brief
PepsiCo is a multinational food, snack and beverage corporation headquartered in New York. With previous successful projects, we were appointed as their Exclusive Tenant Representative and provide solution on their office plan and update of their operation in Hong Kong.
Solution & Outcome
Successfully negotiated a below market rental package for PepsiCo
Relocation savings of approximately HK$5.2 million over 36 months period.
Provided comprehensive financial analysis for client's decision making process.
Negotiated savings of approx. HK$1 million on reinstatement and repair costs with existing landlord.