Citibank

Citi are located in 37 countries in EMEA and have a diverse portfolio of mostly office and retail interests.

" Provision of real estate services to Citibank "
- Citibank

The Challenge

Citi are located in 37 countries in EMEA and have a diverse portfolio of mostly office and retail interests.

Citibank are a corporate client of C&W’s Client Solutions team and C&W work as a member of the panel of three preferred service providers to provide Citi with coordinated and consistent real estate advice across EMEA.

Our Impact

C&W relentlessly work towards delivering value to Citi through proactive acount management to then offer Citi a full range of real estate services including:

• Account management
• Transaction management
• Project management
• Lease advisory
• Occupier strategy services

C&W has developed the tools to manage and analyse data in order to identify opportunities to maximise value and improve the efficiency of the Citi portfolio.

The Outcome

In 2009, C&W acted for Citi in undertaking the following key transactions / services.

• Disposal of surplus space to multiple tenants of 100,000+ sq ft of space at Canary Wharf – ahead of the other occupiers ensuring best possible terms achieved.
• Strategic sale and leaseback of an office in Milan for a sales price of over €40m.
• Retail lease acquisitions in Central and Eastern Europe
• Retail lease disposal in London
• Valuation advise in Madrid
• Lease re-gears in Greece
• Lease advisory and dilapidations work in London

For More information contact:

Apara Guha
Partner, Client Solutions
Cushman & Wakefield LLP
43/45 Portman Square, London W1A 3BG

Tel: +44 20 7152 5337
Mob: +44 7793 808337
Fax: +44 20 7152 5363

Email: apara.guha@eur.cushwake.com

For more information contact:

Apara Guha
65 6232 0851
apara.guha@ap.cushwake.com

Services:

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