Date: 2014 Scale: Consolidation of 850 staff from three locations to new 12,300sqm office in Sydney Olympic Park.

 Lion Nathan LogoDairy Farmers Logo Property Beyond provided transaction advice to Lion for the leasehold acquisition of a new office at Sydney Olympic Park. The new office was to allow a consolidation of various locations to create a new corporate office location and allowing a consolidation of infrastructure groups following the merger of Lion Nathan with National Foods. Property Beyond were instrumental in setting up a lasting partneship with GPT the owners of the building which created an excellent working relationship between the two.  Property Beyond’s role included the following:

  • Negotiation and agreement of the Heads of Agreement.
  • Detailed whole of life financial analysis from a cashflow and P&L perspective incorporating all properties included with the consolidation.
  • Instructing and negotiating with lawyers to agree the lease documentation and ensure alignment with the heads.
  • Preparation and presentation of business case to facilitate approval of the strategy, capital and lease liability for the project.
Transaction advice for new office acquisition - Case Study

‘Your experience and guidance to the team and particularly throughout the negotiation stage was a great help to the successful outcome.’

Steve Lewis, Lion Group Procurement Director

Dimensional Fund Advisors

Date: 2014 and 2015 Scale: Opening of new satellite office of 650sqm

Dimensional Logo Dimensional Fund Advisors (DFA) area leading global investment firm that has been translating academic research into practical investment solutions since 1981. Property Beyond were instructed to assist DFA with their Australian portfolio strategy. With over 1,500 sqm of premium office space in Sydney, DFA were looking for opportunities to improved their service delivery to clients on the eastern seaboard. Property Beyond carried out a high level financial analysis and business case to support growth into Victoria. This strategy was initially considered to be a small office to allow Victorian clients access to advisors which could be supported from Sydney. Through the cost analysis and business case process it was determined that the substantially lower occupancy costs in Melbourne, when  compared to Sydney, provided an opportunity for more cost effective expansion and service delivery. Property Beyond developed the requirements brief and carried out a full market search and managed the leasehold acquisition of part Level 24, 120 Collins Street. Property Beyond supported DFA in performing a theoretical analysis of the market and develop a thorough business case, prior to implementing their expansion plans.

Portfolio strategy for Dimensional Fund Advisors - Case Study