Driven by an impending lease expiration and workplace inefficiencies, Synergy sought PropertySolve expertise to explore market opportunities, including a ‘stay’ option, to align with their evolving work style and business requirements.
In this initial strategy phase, PropertySolve also facilitated a workplace strategy investigation to understand new working styles and estimate space requirements, which was critical in the cost proposition of market options under consideration. Once the strategy was agreed by Synergy’s leadership team, PropertySolve coordinated an Expression of Interest campaign for potential properties, negotiated starting positions, and remodelled financial scenarios. After further shortlisting and negotiations, PropertySolve negotiated a value for money outcome and secured a final lease agreement with the owners of Central Park.
The Project Management team then implemented a detailed project plan, adhering to stringent governance requirements Synergy required as a government trading entity. This included formulating and agreeing on a procurement methodology with Synergy’s procurement and legal teams.
Synergy’s leadership stipulated a move to an activity-based working model with a starting 1:0.8 person-to-desk ratio and ample lockers allowing to further reduce this if needed, coupled with the aim to create a compelling working environment that encourages staff to the office and allows them to work smarter.
Synergy secured a new 10-year lease and relocated to a purpose-built office environment whilst reducing lease costs compared to their previous location. The new environment exceeds the requirements set out by the leadership and steering committee and provides an equitable working environment for all staff.
Photos: Osprey Photography