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Case Study
Citibank
Citi are located in 37 countries in EMEA and have a diverse portfolio of mostly office and retail interests.
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Provision of real estate services to Citibank
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- 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 |
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