Energy giant maintains competitive advantage by adopting a business-driven property solution from Portal.
Executive Summary
When de-regulation forced E.ON, one of the world’s largest investor owned energy services providers to quickly increase its back-office support operation; it faced a dilemma, either take a long-term lease or build a new freehold property. Due to short planning horizons, neither option met their business requirements.
E.ON turned to Occupier Solutions specialist Portal to provide a third-way, an innovative business-driven solution that offered a build-to-order facility within their fourteen month deadline.
Manager at E.ON Simon Maingay, said “Matching our business planning requirement was paramount, for us it was the commitment that was the critical factor, just 5 years, with on-going flexible terms for the future – which was in stark contrast to normal lease agreements.”
Portal’s solution provided E.ON with:
- A CAPEX free facility built within 14 months of contract
- Competitive advantage as speed-to-market was critical
- Foreseeable and predictable costs throughout the contract
- The fit-out and services for over 500 employees
- An operational contract with flexible options at term
- Risk mitigation from the building and its maintenance
