L2 Forter Flashcards
(13 cards)
What were your client’s objectives?
Find an appropriate office to accommodate their growth plans.
Company growth plans to expand their UK presence.
How and why were your clients’ needs changing?
Be able to talk about your client, what they do, challenges they face etc.
- Tech start up rapidly growing organically and internally
- Staff from Tel Aviv coming over due to political uncertainty
- Challenges: Accurately Predicting Future Headcount
What were their financial requirements?
Reduce their cost per head – they were previously in a serviced office so wanted to take a conventional lease in the hopes it would be cheaper
What is a SWOT analysis? Provide examples of each element
Strengths – location, lease flexibility, cost-effectiveness.
Weaknesses – limited branding in serviced offices, higher long-term costs.
Opportunities – ability to upsize without penalties, access to a broader talent pool. Amenities, bike schemes, quality of office to attractive talent pool.
Threats – Not enough space to grow.
You mentioned your client was a tech start up. What is a current trend that could impact Real Estate?
- Demand for Flexible Office Spaces
- Emphasis on Work Environment & Employee Well-being
- Integration of Technology in Office Design
Increased occupier demand for buildings with ESG credentials
Why are flexible lease terms beneficial?
Flexible lease terms allow businesses to scale up or down based on their performance and evolving needs.
Reduced Financial Risk taking flexible leases especially in uncertain economic climates
What were the main strategic considerations in advising on flexible lease terms?
Key considerations included:
Growth potential – ensuring the space could scale with the business.
Cost efficiency – balancing upfront costs against long-term flexibility.
Operational efficiency – ease of move-in, infrastructure, and location.
Exit strategy – minimising financial risk through break clauses or short-term commitments (5 year with 3 year BC).
What were the key risks identified in your SWOT analysis, and how did you advise your client to mitigate them?
Risk of outgrowing space too quickly → I recommended an office with built-in expansion options.
Political instability affecting workforce → I suggested locations with strong transport links for talent accessibility.
How did you weigh the strategic benefits of different office options before presenting them to your client?
I assessed options based on cost, scalability, lease terms, and operational needs. I created a scoring matrix comparing serviced offices vs conventional leases, ensuring my recommendations were quantifiable and objective.
What key financial and operational metrics did you include in your report?
Cost per desk vs industry benchmarks
Total occupancy cost (rent, service charge, business rates)
Break-even analysis on lease terms
Operational benefits – move-in time, scalability, amenities.
What do Forter do?
Tech Start Up
Helps prevent frauds with online payments
Market trends affecting forter?
Rise in E-commerce they are growing rapidly with the increasing need to for robust fraud prevention.
Forter support ethical online commerce by preventing fraudulent activities.
