• <h1>Case study WSiP</h1>

    Case study WSiP

    A stable lease agreement for the following years and an office prepared for the modernisation and consolidation of the team, all while maintaining the quality of the location and the standard of the building.

Walter Herz
CLIENT

WSiP

INDUSTRY

Publishing

SURFACE

2 500 sq. m

LOCATION

Warsaw

SERVICES PROVIDED
Recommendations for the Management Board
Relocation or lease contract renegotiation scenarios
Researching customer needs
Study of the space and working environment
Market analysis and location review
Guidelines for the arrangement plan
Guidelines for space arrangements
Negotiating financial terms
Negotiation of the lease agreement
Office design
Organisation of tenders and selection of partners
Acceptance process
Services during the term of lease
Coordination of work after signing the lease agreement
Lease strategy
Advice in the lease process
Process Schedule

Project description

Office adaptation to new work model

WSiP is an educational publishing house that faced a strategic decision regarding its headquarters in Warsaw. Our task was to choose the optimal path for the coming years by comparing the relocation and stay-put-in scenarios, consolidating the team moving from another building and modernising the space to better support the current work model and the needs of the organisation.

CHALLENGES

New needs of the organisation v. tough market conditions

The key dilemma was to "stay or move". We had to reliably compare the two options taking into account not only rental costs but also the total cost of the project and the impact on the organisation, operational risks and the employer’s image. WSiP also needed to consolidate the team moving from another location and ensure a consistent working environment in a single location without compromising on the quality of the location and accessibility to public transport. A significant challenge was also the modernisation of the office space after years of market changes and the popularisation of the hybrid work model. The office was supposed to better support cooperation, meetings and teamwork but, at the same time, provide conditions for focused work. The dynamics of the office market also played a significant role since, in order to obtain competitive conditions for the further multi-year period, it was necessary to get ahead of the process and create a real alternative to staying put in the current location.

OUR SOLUTIONS

Leading the market and the process from A to Z

We started the process about 1.5 years before the expiration of the current contract. This allowed WSiP to gain time to compare scenarios and strengthen its position in talks with the market. We started with setting the goals and criteria, such as location, target location, standard, budget and functional priorities resulting from the work model. We then conducted broad research of the market and prepared decision-making variants that showed the consequences of each direction over a several-year period. At the same time, we combined the lease process with the modernisation plan. We organised a tender for an architecture firm and made sure that the modernisation concept was consistent with the terms of the contract and could be implemented within the assumed time. We conducted the whole process in changing market conditions. We closed the renegotiation of the lease agreement along with the establishment of solutions to increase security and predictability on the tenant’s side, including provisions enabling a flexible approach to the modernisation of space.

BENEFITS

Stability for many years and real savings on the contract

WSiP maintained the high quality of the location and the standard of the building and, at the same time, secured the stability of the lease for the coming years and the space to modernise the office in a way tailored to the current work model. Consolidating the team in one place made the work environment more consistent and collaboration easier, which was especially important for hybrid work. The most important outcome of the process was that the decision to stay and renovate was made on the basis of a comparison of full scenarios, not just rental conditions, which reduced the operational and cost risks typical of relocation. The earlier start of the process and a viable market alternative strengthened WSiP’s position in the talks and translated into savings throughout the contract cycle. As a result, WSiP obtained a long-term lease contract

Our clients’ testimonials speak for themselves

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The Project Team demonstrated its flexibility and the ability to adapt and find reliable solutions in unstable business conditions. Such an approach allowed us to establish a common path of action and later negotiate the most beneficial business solutions for WSiP.

Andrzej Sykuła, Chief Operating Officer

WSiP

The team responsible for the project

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