HKEX Group had an office portfolio spread across five locations in Greater Central, each with different lease expiries. The client approached CBRE to source around 200,000 square feet of office space to consolidate their operations under one roof.
CBRE has conducted demographic research and shortlisted a variety of options in the surrounding area. CBRE has conducted financial modelling to clearly and transparently explain the options to the client. CBRE has negotiated with different landlords to determine Oracle’s best offers and factored in rent during the lease extension. CBRE analyzed various office planning scenarios and determined that Oracle should leverage the landlord’s desire to keep the brand within the portfolio to attract Oracle’s industry peers.
"CBRE has successfully assisted HKEX to negotiate the best leasing terms, especially with Hongkong Land for our new lease of office floors at Exchange Square. CBRE has provided professional and innovative advice for the re-structuring of various HKEX's leases so that we can achieve large rental savings."