Sector: Storage and distribution
Geography: Australia wide
Challenge: To meet the needs of its new distribution strategy, Realcold wanted to realign its property portfolio.
Solution: We worked with Realcold to understand its current leases, forecast outcomes and establish its priorities. We identified options, organised short term extensions to expiring leases, managed negotiation and agreement, and advised on commercial tactics.
Result: The business significantly improved its operating model and reduced its property costs by more than 30% per annum. The new portfolio is more flexible and aligned with Realcold’s updated strategy.
