Incitec Pivot Limited

Seeking a tenant representative, Incitec Pivot Limited (IPL) entrusted TRS to advise them on the lease negotiation for their Melbourne headquarters. TRS’ independence was a favourable attribute to IPL and was a key driver in TRS’ appointment. TRS’ structured processes provided them with visibility to ensure the project was completed on time and within budget.

IPL briefed TRS with a Stay versus Go project. TRS’ extensive knowledge of the Melbourne market was valuable to IPL. This allowed them to access a wide variety of property options. Upon assessing these options with TRS’ independent advice, they opted to remain in their current premises at 28 Freshwater Place, Southbank. IPL was very satisfied with the outcome. The project marks the beginning of a collaborative and successful relationship with TRS.

2200 - 2300 SQM
Tenant Advocacy: 4 Months
  • Space evaluation
  • Market investigation & search
  • Inspection
  • Financial evaluations
  • Property negotiations
  • Lease execution
  • Financial target achieved

TRS worked with Incitec Pivot Limited on our Melbourne headquarters office lease negotiation, which provided savings on current costs over a five year term. The deal was the result of great collaboration across both our teams. I would like to particularly thank Mark Lockwood for his efforts, guidance and commercial negotiations. It has been a pleasure working with such a professional and experienced team at TRS.

Darren Taylor Group Property Portfolio Manager - Incitec Pivot Limited
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