Occupier Services

Cushman & Wakefield I RED assisted Danfoss with a full market search to find a lease meeting the requirements. Danfoss’ preferred choice was an off-market option, known only by RED, in an iconic building close to a hub for public transport. RED secured the lease and negotiated a new lease agreement with attractive financial and legal terms.  

RED managed to find a suitable lease which matched the client’s detailed criteria. The market was active and RED managed to bypass a competing tenant and securing the lease. 

After the new lease was signed, RED assisted HDI with the exit of the old lease and negotiated significant savings 

BCG was growing out of their headquarter and needed a new premises. The challenge was to find a new domicile that matched the company’s very high standards in terms of quality, location, function and brand value. After a thorough selection process, the choice fell on the Red Warehouse in Carlsberg Byen.

RED assisted throughout the process and negotiated a financially advantageous lease, ensuring that the building layout was upgraded and tailored to BCG.

After 70 years in the same domicile FLS asked RED to identify a modern and efficient office in a building that supported collaboration and FLS’ focus on sustainability. RED searched the market and after a long due diligence process, involving many competencies and stakeholders, CPH Highline was chosen. This option met all criteria to the future lease being a modern, flexible multitenant building with ideal location. It the first DGNB Platinum certified building in Denmark. 

Signify is one of the world’s leading suppliers of connected LED products, systems and services. We have helped Signify conduct a market search for a new office lease and negotiate a new lease as well as manage and coordinate the process and the parties involved. RED ensured Signify a good process and lease terms that match the company’s future strategy.

Challenge
Facebook needed storage capacity to facilitate a newly established data center in Odense.

Solution
Cushman & Wakefield | RED scoured the market for possible warehouse properties. For logistical reasons, Facebook’s preferred subject was a prime property located on the same road as the data center. The property did not have the necessary available space. RED therefore negotiated, under considerable time pressure, that the landlord move his own business from the property, including to release the necessary areas.

Result
Cushman & Wakefield | RED scoured the market for possible warehouse properties. For logistical reasons, Facebook’s preferred subject was a prime property located on the same road as the data center. The property did not have the necessary available space. RED therefore negotiated, under considerable time pressure, that the landlord move his own business from the property, including to release the necessary areas

Challenge
AGA is part of Linde AG, which is a leader in the production of industrial gases. Urban development and AGA’s strategy of no longer owning properties led to a need to sell AGA’s property on Vermlandsgade in Amager. AGA approached RED with a request for help with an overall optimization of the property strategy.

Result
In a process with considerable time pressure, RED helped with both the sale of the property on Vermlandsgade, the search of the market for alternative tenancies and the negotiation of a new lease on flexible terms within AGA’s deadline.

Testimonial
“Good work with high quality services and professionalism throughout”
– Klas Stylander, Chairman of the Board, Senior Vice President, AGA AB

Challenge
For many years, G4S has had its Danish head office in an older domicile property, which was remodeled and adapted to G4S’ needs several years ago. G4S still wanted to remain in the property, but despite an unexpired lease protection, RED asked to renegotiate the lease, as the current rent due to the annual indexation had risen to well above the market rent.

Result
Cushman & Wakefield | RED analyzed the market thoroughly and then renegotiated the lease, whereby G4S, among other things, achieved significant savings on rent over the coming rental period.

Challenge
The German Embassy was formerly residing in a domicile property, which no longer met their area requirements or their security requirements.

Solution
In cooperation with the embassy, Cushman & Wakefield | RED set up a requirement specification and based on this Cushman & Wakefield | RED searched the market for suitable leases. Following the viewings and analysis of a long line of leases, a modern and newly constructed lease in Copenhagen’s Northern Harbor was chosen. Cushman & Wakefield | RED handled the coordination between the involved technical and legal advisers and negotiated the lease agreement on behalf of the embassy.

Added Value
The embassy gained a future-proved lease, which meets their wishes in terms of location, visibility, accessibility and not least security. Also, Cushman & Wakefield | RED negotiated a lease agreement with the best possible financial and legal terms for the embassy.

Challenge
Renault had outgrown their lease and required new surroundings, which should also promote the quality of the brand. Location, parking, efficiency, quality and flexibility were the keywords.

Solution
Cushman & Wakefield | RED explored the options in the existing property – also in relation to expanding towards the neighbor – as well as other options in the general market. The perfect lease was identified and negotiated based on cost-effectiveness, parking, location and quality.

Added Value
Renault obtained a newly refurbished quality lease and a lease agreement, which takes the company’s requirements for flexibility into account plus a considerable number of parking spaces – free of charge – on top of this.

Statement from former CEO Henrik Bang
“We have been more than happy with RED. They paid attention and understood in full our requirements and wishes for a new lease. We gained a very professional partner – and a dream of a new office within our budget. And not only did we get the perfect domicile in terms of quality and costs, we also obtained a reduction of costs negotiated by RED and this covered the expense we had by using RED as our adviser. I am now on to the next domicile project – and of course I have already contacted Katrine from RED.”

Challenge
Colgate-Palmolive (CP) occupied 2,300 m² spread over 3 floors. CP itself managed the canteen and meeting center and the total costs were regulated throughout the lease period. CP wanted a better utilization of the areas, as well as a focus on costs – without compromising on quality.

Solution
Cushman & Wakefield | RED presented CP with market data which, among other things, visualized the economic potential of a move ctr. to remain in the tenancy. Through a search process, as well as meetings with CP’s working group, a new tenancy was selected. A new lease was negotiated with a focus on flexibility, quality and economy. CP’s newly furnished tenements are on one level, have good parking conditions and with shared facilities in the property.

Result
Better consistency in the lease and utilization of the square meters. In addition to a balanced lease, CP has also achieved a significant reduction in total annual rental costs of approx. 60%. CP’s Danish head office is now the template for the group’s new leases in the region.

Statement from CEO Henning Jakobsen
“It is always a challenge to have to move office domicile at the same time as delivering business results. With the help of RED, we structured the activities early in the process and engaged the employees so that the change management process went smoothly. The end result was an improved workplace with significant savings and increased employee satisfaction.”

Challenge
Huawei is one of the world’s largest global suppliers of information and communication technology, infrastructure and ‘smart devices’. Huawei’s sublease ended and Huawei therefore needed to find new premises. The schedule was very tight and Huawei asked Cushman & Wakefield | RED be the project manager to find a new lease and negotiate a new lease. In addition, RED provided extensive data for use in Huawei’s internal approvals and coordinated all the parties involved, internal and external.

Result
RED secured Huawei their preferred lease, optimized lease terms and execution of the project within the very tight schedule. The interior of the tenancy was tailored to Huawei’s needs – and move-in took place within the required time limit.