IDS Logistics (Hong Kong) Limited

The Challenge

• Limited options with large floorplate opened for a new distribution centre
• Difficulty of securing a competitive rental for a tight budget
• Break clause required for a one year plus on year logistics contract

The Solution

• Thorough search for options in North District
• Explain the expansion plan of IDS
• Convinced negotiations with the Landlord to accept brand name of IDS Logistics

The Result

• Thorough search for options in North District
• Explain the expansion plan of IDS
• Convinced negotiations with the Landlord to accept brand name of IDS Logistics

Sony Corporation of Hong Kong Limited

The Challenge

• Limited options opened for relocation
• Difficulty of securing best renewed rent and terms
• Sensitive negotiations for this kind of tenant

The Solution

• Research for all leasing package of new lettings and lease renewal in ATL
• Keep single point of contact for confidentiality
• Closing negotiation between MD of the Landlord and the Tenant

The Result

• Sony remained its warehouse operation in ATL Logistics Centre and surrendered the surplus space from 400,000 sq ft to 300,000 sq ft
• Break clause was secured to surrender extra surplus space
• Enormous savings from the renewed competitive rental