rethink efficiency

How Instant is Rethinking Workspace for a large multinational client enabling them to enhance productivity and growth without additional cost.

Context

Our client needed to balance workspace investment in a strategic location while prioritising OPEX for business operations.

Goal

To relocate from an ageing development to a new office with no CAPEX and no change to OPEX.

Challenges
  • Imminent lease deadline required immediate focus and action.
  • Sub-standard workspace was adversely impacting the engagement and retention of a highly-skilled, cost-efficient workforce.
  • Co-working not compatible with secure financial environment.
  • Smooth transition with a conventional solution would demand a 6-8 month overlap of leases, adversely impacting year-one costs.
  • Corporate Real Estate team needed support of partner with local resource and insights .
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Solution
  • Using local expertise, Instant sourced a building suitable for financial activity.
  • Bespoke ‘Managed’ solution aligned new lease start date with current lease finish date, removing a period of double rent.
  • ‘Managed’ solution removed up-front fit-out expense.
  • Instant Smart Supply Chain aggregated best-fit and best-value partners to drive an efficient, flexible, procurement solution.
  • Fit-out delivered in a significantly compressed time frame with transparent costs.
  • Instant’s ability to depreciate fit-out costs over a longer time period enhanced financial efficiency.
  • Proactive advice on workspace density enhanced best-practice.
“Instant found a way to make this project succeed against all odds, surprising us by delivering things financially that we simply can’t.”
Director, Transaction Management – Global Real Estate.
Transformation

Inject agility: A 20 year lease replaced with a 6-9 year lease agreement.

Attract, retain and enable talent: Efficient use of workspace allowed for more people in less space.

Enhance financial performance: Reinvigorated workspace with no diversion of OPEX from core business.

Attract, retain and enable talent: Using efficient design to create flexibility and creativity for an attractive environment.

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see also...
Rethink + Performance
Rethink Performance
How Instant is Rethinking Workspace as a platform for performance, creating workspaces that drive growth through employee satisfaction & productivity.