Westend Carree

A mandate which included everything we could possibly hope for and which could not have been more challenging: letting of a property with long term vacancy and the securing of extensions of existing tenancies. We prepared a new letting strategy with innovative marketing tools and turned the presentation of the property on its head by returning all vacant space to its shell condition and setting up a new show suite. The effect was breath-taking. Lease-up of 9,000 sqm vacancy and the securing of lease extensions for 11,000 sqm within 12 months! Occupancy rate of over 90%! The property was stabilised and could now be sold. We and an international firm of real estate consultants were jointly mandated to offer the property on the market in an extensive process. One of our clients, a large German fund manager, purchased the property after an eight-month process and we were also pleased to receive the letting management mandate for the property in order to maintain the high occupancy rate.