Consolidating to a single Hong Kong office
It was in 1979 when international law firm Simmons & Simmons opened their first office in Asia in Hong Kong. The firm occupied two separate office spaces in Admiralty which split the front office (lawyers) from the back office (business support teams) and wanted to bring all staff back under one roof.
Location
Landmark grade-A office tower, Island East
Spotlight
Client engaged both JLL leasing and project management teams
Value
Material rental savings from relocation
Time
Delivered on time with build costs 10% under budget
The business also recognised that there were potentially material rental savings that could be made by relocating. Simmons & Simmons was willing to look at a wide variety of locations but key considerations were ensuring that staff continued to enjoy a high quality building with a variety of amenities in close proximity, and that staff commute times were not significantly affected. Using geographic information system (GIS) platforms, JLL’s Markets team studied average commute times for the client’s employees to and from business districts around Hong Kong, and evaluated neighbourhoods and buildings based on this information. Leveraging on our strong landlord relationships, we were able to secure proposals on the alternative options for the client’s consideration.
One Taikoo Place, a new landmark grade-A office tower in the east of Hong Kong Island, was identified as the most favourable option for Simmons & Simmons. We represented the client to negotiate a successful lease for one floor in the building.
The client engaged our Project Management team for the overall construction project management as well as procurement from design and engineering consultants, contractors and furniture suppliers – a process which was digitalised using our proprietary cost management tools. To streamline the construction workflow, we also provided key input and support in the choice of a main contractor who specialises in fit-outs for the legal sector.
The project was delivered on time and with build costs 10% under budget. The resulting office has much improved connectivity to encourage collaboration across all departments, a spectacular staff restaurant overlooking Victoria Harbour, and improved conference rooms for both external and internal meetings.
