Audit of the real estate commitments of an international medical equipment player

Supporting a healthcare sector player in optimizing its real estate costs:

• Audit covering real estate commitments, rent (indexation), operating expenses, tax costs, and re-invoiced works
• Negotiations and recoveries related to the identified levers.
• Lease renewal: Presentation of different scenarios = Stay or Go (Market study, drafting of specifications, search for legal levers regarding occupancy conditions, integration of the tertiary decree, upgrading of equipment…

Key figures of the assigned scope

• 1 lease reviewed in Île-de-France – Activity / Logistics: 1 site
• Total area 11,000 m²
• Expense scope €840,000

Mission timeline

• Phase 1: Document collection
• Phase 2: Presentation of the analysis and landlord strategy
• Phase 3: Go according to client stakes
• Phase 4: Implementation / Claims, landlord negotiations

Our added value and results achieved

• Develop a tailored approach.
• Provide better visibility on the evolution of rent and service charges through the creation of scorecards (Benchmark/database built over the years …)
• Verify the validity of key data concerning the site (effective date, exit options, lease expiry, drafting of the indexation clause, charges, etc.).
• Corroborate the identified financial and legal levers with our legal advisors depending on the case (scope of law, case law…).
• Negotiate with landlords the amounts improperly invoiced (approach and validation of implementation by the client).

€145,000 excl. tax in overbilling identified.
Recovery: €102,000 excl. tax (over the non-time-barred period)