We first spoke to Azur back in 2017 through a client recommendation. They had just moved into a serviced office in the city and were therefore settled for the next 24 months. Devono kept in touch, providing useful market insights each quarter, until we were eventually appointed in 2019 to help Azur define a new real estate solution that could accommodate their expected growth whilst protecting cash flow.

We undertook a thorough market research project spanning from the city core moving into Old Street, looking at both short remainder leases as well as flexible leasing solutions – to present all the options. We provided a detailed cash flow comparison of Serviced vs Managed vs Leasehold space – and based on the evidence we negotiated and agreed to excellent terms for a managed space for Azur.

Services Included:

• Commercial Real Estate Strategy and Consultancy
• Transactional Support and Advisory Services
• Office Acquisitions of Flexible Solutions