2 minute read

GREATER COPENHAGEN

HUAWEI Lease acquisition of 1.300 sq m office in Copenhagen

Huawei is a leading global provider of information and communications technology (ICT) infrastructure and smart devices.

Huawei’s sublease expired, and Huawei needed to find a new office in Copenhagen. The project timeline was very tight, and Huawei asked RED to lead the process of finding a new office and negotiate a new lease contract. In addition RED provided extensive data for Huawei’s internal approvals as well as coordinated all the project stakeholders, internal and external.

RED managed to secure Huawei their favorite lease, optimized the lease terms and executed the project within the challenging timeframe.

ORACLE

Lease acquisition, 1.800 sq m office in Hellerup

Oracle is one of world’s leading tech companies.

The rent for Oracle’s current lease was significantly above the market rent and the building had challenges with the indoor climate which had a negative effect on the employees’ wellbeing. The landlord did not want to discuss the rent or remedy the problems with the indoor climate.

Oracle asked RED to assist with the search for a new lease. RED searched the market and negotiated lease terms that supported the future business strategy. The solution in a modern and flexible multi-user property was ideal for Oracle’s focus on recruitment and employee well-being.

EMBASSY OF SWEDEN

Lease acquisition of 700 sq m office in central Copenhagen

The embassy of Sweden was residing in an office domicile property which was becoming too large for their purpose. The embassy wished to stay in the same area, but after having been actively searching the market for more than a year the Swedish embassy asked Cushman & Wakefield I RED for assistance.

Through our extensive network RED found a perfect off market lease very close to the embassy’s current location. RED coordinated all the advisers and stakeholders and undertook the negotiation of the contract, successfully securing the embassy new premises which matched all their needs and wishes for a future office.

AGA

Lease acquisition and negotiation of 1.700 sq m office and warehouse Ballerup

AGA is part of Linde AG, market leader in the production of industrial gasses.

The urban development and AGA’s strategy of no longer owning properties led to a need to sell AGA’s property on Vermlandsgade on Amager. AGA approached RED with a request for assistance with an overall optimization of the real estate strategy.