Rising to the Challenge in Groundbreaking Transport Infrastructure Project
The Instant Offices Managed team was pleased to receive a brief for a landmark transport infrastructure project in April 2007. At the time split across two locations in central London, this major transport body needed to consolidate its 300-strong staff under one roof. The solution had to allow for expansion of up to 500 work stations, offer highly flexible terms, and maintain low ongoing costs, while also ensuring that the project received royal assent.
The solution offered by Instant Offices Managed met all the client’s main drivers – location, consolidation, potential for expansion, budget and flexibility. Our team even assisted the client in back-filling its existing accommodation with another client, thereby driving costs down even further, and allowing the client out of its existing lease early. The consolidated space, which allowed for the requested further expansion space, was delivered in two tranches, on budget and on programme, allowing this major transport body to focus on its core objective of getting the bill through parliament.
Feedback from the client on the package delivered by the Instant Offices Group was immensely positive; highlighted as particular sources of satisfaction were the low ongoing costs of occupation and the flexibility of the deal.
Commenting on the deal, Paul Nellist, American Express Global Real Estate (the building’s landlord), said, “We leased 44,000 sq ft of office space to IOM within Portland House, Victoria and would willingly do further business with them. They are a very professional, able and proactive organisation which operates a very successful and efficient business model. Furthermore, they have an ‘A Class’ client list they can rely on as proof of the job they do. We have found them to be extremely efficient and timely from a fiscal perspective and have honoured all the obligations under the lease agreement they entered into with American Express. I have no hesitation in recommending them either as a client or tenant.“
Landlord: American Express
Size: 44,000 sq ft.
Term: 2 years