Czarnikow Office Acquisition London
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Client
Czarnikow Ltd
Sector
Commercial
Location
London
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@ Michael Pain
Michael Pain
MRICS
Tenant Advisory - London
020 7016 0722 email me about Michael
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Michael is Head of Carter Jonas’ London Tenant Advisory Team and specialises in providing office search, lease negotiation, relocation management, rent review and lease restructuring consultancy services to office tenants based in Central and Greater London. He has over 20 years experience and his clients include international corporates such as Hitachi, Warner Bros and Hackett, not for profit organisations such as The Overseas Development Institute and The Nursing and Midwifery Council as well as owner-managed businesses including Wavex Technology, Credo Business Consulting and Turley Associates.

The range of consultancy services provided by Michael and his Team include advising on office availability, rents and rent free periods, undertaking property searches, representing tenants in lease negotiations, developing office relocation project plans, timetables and budgets and project managing each stage of the relocation process, including overseeing the pre-contract due diligence, and co-ordinating the activities of all those consultants who will be involved in the office move.

I can provide advice on:

Instructed to acquire an office floor within the City of London suitable for accommodating approximately 90 staff, incorporating a trading floor.

Carter Jonas’s client Czarnikow Ltd required a floor plate which would suit financial trading. As such, an efficient square/rectangular column-free floor plate was sought in order for the traders to be able to clearly communicate with each other.

During Q1 2015, the City of London office vacancy levels were low and suitable options limited. As such an option was identified “off market” where US lawyers were soon to be vacating. An agreement was signed with the landlord to ensure the soon-to-be-vacant office space was fully refurbished to a CAT A finish, ready for the client’s office fitting-out team.

Carter Jonas project management team were appointed to oversee the design and construction of the clients office fit-out. This included undertaking the pre-contract due-diligence surveys. Due to the enhanced power required to operate the trading floor, together with required enhanced air-conditioning, solutions were put in place quickly to accommodate this.

10,000 sq ft office floor acquired within the City of London for Financial Traders. Carter Jonas Project Management Team ensured the project was delivered on time and on budget.