Strategic workplace advice spanning multi-site UK office portfolio.
Aligned legacy office portfolio with hybrid working to meet evolving business needs.
Reduced footprint, improved workplace quality, enhanced flexibility.
Strategic Occupier Advice - PageGroup
FTSE 250
recruitment firm, PageGroup.
Challenge
Vail Williams was appointed by FTSE 250 recruitment firm, PageGroup, to provide strategic advice across its UK office portfolio.
Hybrid working had reshaped PageGroup’s office requirements, so we right-sized their office footprint across their portfolio, enhancing office quality and functionality, retaining prime central locations where needed, whilst introducing greater lease flexibility through a coordinated, multi-site occupier strategy.
How we helped
- Delivered a holistic occupier strategy, combining lease advisory, acquisitions and workplace consultancy to right-size PageGroup’s portfolio and support targeted relocations.
- In Manchester, we secured relocation from c.15,000 sq ft at Hardman Square to a more efficient space at Two Hardman Street.
- At Reading, we secured a reduction in space from 7,500 sq ft to 5,000 sq ft at Apex Plaza.
- In Leeds, PageGroup moved to a smaller, higher-quality workspace at 12 King Street, designed for collaboration and wellbeing.
- In Birmingham, we restructured their lease at Brindleyplace, with a surrender and re-grant, enabling retention of a prime location while returning surplus space and improving lease flexibility.
“Vail Williams provided clear, strategic advice at a critical point for our business. Their ability to look at our portfolio holistically, while also delivering on the detail of individual transactions, enabled us to reshape our offices in a way that better supports our people.”
Olly Wilkins, Managing Director – Group Procurement and Property at PageGroup.
Result
- Enabled PageGroup to transition from a legacy office model to a modern, agile portfolio, demonstrating the value of strategic, multi-disciplinary occupier advice beyond transactional delivery.
- Delivered a multi-site transformation, relocating or regearing over 70% of the portfolio in 2023 through a coordinated advisory approach.
- Reduced overall footprint while maintaining presence in key regional hubs, delivering improved efficiency aligned with hybrid working, focused on workplace quality.
- Increased lease flexibility, future-proofing their portfolio whilst achieving cost savings through lease re-gears and space rationalisation.
Get in touch
If you think you may need similar support to that described here, or you would simply want to have an informal chat with a member of our team to discuss your property needs, get in touch.
Woking
