Statecraft

 

Statecraft enlisted the services of TRS, as their representative for their lease negotiations, and briefed TRS with a Stay versus Go project. Statecraft were centrally located at 50 Pitt Street, Sydney and advised that they required a space that fit their business requirements. TRS reviewed their existing premises and simultaneously investigated the Sydney market to seek other property opportunities to enhance greater negotiation leverage.

At the conclusion of the negotiations, Statecraft opted to Stay, at 50 Pitt Street, further engaging TRS services through our fitout advisory which was structured to tend to all their business needs. Statecraft utilised the incentive TRS negotiated for them to develop an  efficient fitout for their business operations.

Parties involved in the transaction

  • Independent Advocate: TRS acting on behalf of the Statecraft
  • Landlord: Hawaiian (building has since been sold)
200 - 500sqm
/
Sydney CBD
/
Professional Service

Tenant Advocacy: 9 Months

  • Space evaluation
  • Market investigation & search
  • Inspections
  • Financial evaluations
  • Property negotiations
  • Lease execution for brand new building
  • Financial target exceeded

Fitout Advisory: 3 Months

  • Design brief
  • Contractor selection
  • Budgets
  • QS Selection
  • Fitout negotiations
  • Delivery and handover – on time and on budget

 

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