Global Pharmaceutical Occupational Strategy
Cyril Leonard act on behalf of a global
pharmaceutical company to provide their strategy for their UK real estate.
The company was headquartered in one of the major
Thames Valley towns and Cyril Leonard disposed of this site to a developer.
Simultaneously, Cyril Leonard provided relocation advice and through the
occupational agency department secured a Grade A newly constructed office
building nearby to the disposed headquarters providing c. 75,000 sq ft of
office space. The company had upgraded their office space whilst not causing
disruption to their staff whilst maintaining a control on outgoings but not
compromising on the quality of the accommodation. Cyril Leonard's Project & Building
Consultancy team undertook the Cat B refurbishment works for the client
and advised on technical due diligence.
Subsequently as the company has grown, Cyril
Leonard have, on behalf of the client, secured extra space in close-by
locations including a further c. 24,000 sq ft in a newly constructed Grade A
office scheme again not compromising in the quality of the space, but also
maintaining the need for staff to be near to the HQ. As the space taken by the
clients were within multi-let buildings Cyril Leonard provided Project & Building
Consultancy advice on the acquisition of these office units as well as advice
on the splitting of floors and Cat B works.
The company have recently split in two and Cyril
Leonard have secured a new headquarters building for the company that
split-out, again in close proximity to the original Headquarters. Cyril Leonard
negotiated a surrender of an existing lease (also to a global pharmaceutical
company), agreed a new lease with the landlord and agreed both Cat A and B
refurbishment works through a joint effort through the corporate consultancy,
occupational agency and building consultancy departments.
Through this Cyril Leonard have managed to secure
the company’s long term future within their preferred location whist securing
Grade A accommodation throughout the process.