Implementation of the master plan of a CAC 40 group at the national level

Define and deploy a strategy for each branch to secure the operating portfolio and reduce the real estate footprint:

• Redesign and adapt the branch’s real estate portfolio in line with the group strategy following a deep restructuring.
• Rationalize the national branch network through local operations of consolidations, renewals, and early terminations.

Key figures

• Initial scope: 70 branches, 45 km², €6M/year
• New scope: 35 branches, 28 km², 40% savings

Mission timeline

• Phase 1: Document collection, phasing, audits, interviews, market analyses, development of a strategy per lease
• Phase 2: Presentation of the strategy, definition of economic targets and action plan per site
• Phase 3: Landlord outreach, sourcing, negotiations
• Phase 4: Finalization of the term sheet, operational management of deals through to signing

Our added value and results achieved

• Mobilize and align the project team.
• Coordinate the mission under the authority of the
• Real Estate Director.
• Define and defend a strategy per site based on a set of operational, business, and real estate criteria.
• Negotiate renewals in advance.
• Source and negotiate lease terms for new target sites.
• Negotiate early terminations of the leases concerned.
• Develop alternative scenarios where necessary.
• Meet a tight schedule.

€1.5M in savings in the first year

€3M in savings over 4 years