How iO Partners facilitated E.oN’s relocation to a new, unified HQ

iO Partners successfully negotiated a lease renewal for Swiss Life Select, achieving an enhanced office space and 33.88% savings through strategic financial gains.

Challenge

Having successfully acquired several new companies in the Hungarian telecommunications market, E.oN recognised the need for one consolidated headquarters. The company identified South Budapest as an optimal location due to its easy access to transport links and proximity to its primary operations in Western Hungary. 

Approach

iO Partners quickly got to work conducting a thorough commercial and financial analysis of viable relocation options. The team managed the commercial negotiations and offered technical consultancy throughout the project's negotiation and development phases. The team secured lease conditions that exceeded market standards by fostering healthy competition among developers.

Results

Thanks to iO Partners’ negotiations, E.oN was able to relocate to a unified headquarters within its 24-month deadline. Furthermore, the team was able to secure a five-year lease with an attractive tenant incentive package, including rent and fit-out contributions.