The Conference Board had a lease in their offices in Watermael-Bosvoorde that expires in 2021. A stay-or-leave analysis was necessary to make a forward-looking decision regarding their accommodation. It was considered to move more towards the city centre, near a main train station. Stay-or-leave was not excluded, possibly on a somewhat smaller surface.
Freestone's independent position and market knowledge was a reason for The Conference Board to work with us. The rental of this client concerned 1,250 m² of offices and 12 parking spaces. The building and the location were examined and assessed by means of a SWOT analysis. Subsequently, a market consultation was organized into qualitative and available buildings in the neighbourhood and near the centre of Brussels. The changing needs of this client were always taken into account.
The existing offices were redesigned by Freestone's workplace experts taking into account the changed needs. Cost sheets were also calculated for this purpose. Consultations took place with the owner to discuss new conditions.
After drawing up a stay-or-leave business case based on negotiated solutions, it became clear that a stay scenario was the most desirable. The rental conditions were strongly optimized and significant savings were negotiated over the duration of the new contract. Moreover, these conditions took effect one year earlier.