DeVono was instructed by the International Rescue Committee (IRC) to source and acquire a new HQ premises for London, as the then existing accommodation was no longer considered fit or purpose. A lease expiry enabled the organisation to totally rethink and modernise the new office set up, and so a market wide search was initiated.
Both leasehold and flexible/managed options were considered as part of the brief, and so a wide variety of options were considered at the early stages. The process soon whittled down the properties to a shortlist of 4, which were then scrutinised and negotiated on heavily, until the preferred option was agreed at 100 Wood Street in the City.
A new lease with two tenant-only break options was secured, and a heavily incentivised rent-free package was agreed on behalf of IRC, which also helped finance the major refurbishment works that were required as part of the overall project to deliver improved and more appealing offices for their workforce. Building surveys and dilapidations advice were also provided as part of this project for IRC.