Case Study

British American Tobacco (BAT)

CBRE was able to secure a lease in landmark building close to both the City center and Harbor front. A turn-key quality lease that matched BAT's requirements.

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Key Information

  • Client

    British American Tobacco (BAT)

  • Size & Location

    3,200 sq m in Central Copenhagen

  • Business Lines Involved

    A&T Occupier
    Workplace Strategy
    Project Management

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The Objective

British American Tobacco Denmark (BAT) wanted to relocate as their Danish HQ no longer reflected the organization and also BAT wanted the business to work in a more modern and efficient way. Furthermore BAT was looking to share amenities such as canteen, shared reception and meeting rooms in a multi-tenant building in order to optimize the leased space. Finally BAT was seeking to implement a “new way of working” considering both Activity Based Working principles and desk sharing concept.

The Challenge

BAT wanted a location centrally in the city, offering both easy access by car and public transport. The building also had to allow for parking on-site, offer shared high-quality service and a high level of shared security measures allowing BAT to reduce cost and time spent for FM services in-house. The Copenhagen Market Q4 2019 and Q1 2020 had a limited number of options in the desired area and with the desired facilities.

Solution & Outcome

CBRE was able to secure a lease in landmark building close to both the City center and Harbor front. A turn-key quality lease, with shared reception, canteen, meeting facilities, fitness and security measures – all to meet the BAT requirement. The building sits in active surroundings and easy access for clients and employees. The building is a grade A+ building, achieving both an upgrade in quality, optimized floorplan and space suited for the BAT organization, and allowing for implementation of a new way of working. The 3,000+ square meters will hold a modern workspace embracing collaboration across functions, improvement of workplace culture and a customized workspace. CBRE was also able to secure flexible lease terms - allowing for organizational adjustments over the lease term and savings based on negotiated terms and tailored built-to-suit lease.

For more information on how the CBRE A&T Occupier team can create value in your current or future lease and help improve in your work culture, please do not hesitate to reach out.
 

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