Presight sought ADGM office expansion through strategic sub-lease opportunities.
Presight G42 Office Case Study
01 The Opportunity
Presight, an AI company under G42, needed to expand within ADGM due to rapid business growth. Limited office availability from the landlord made it difficult to secure a full floor. They required assistance in identifying viable sub-leasing opportunities that met their operational needs.
02 The Solution
We secured a full-floor sub-lease for the tenant at below-market rental rates until October 2026. There was some risk regarding their tenure after the sub-lease expired. However, we successfully negotiated a 3.5-year lease term, ensuring cost savings and office space stability.
03 The Approach
We explored sub-leasing options that aligned with the client’s needs due to limited availability from the landlord. Leveraging our market relationships, we identified a tenant occupying 10 floors who was downsizing and willing to sub-lease space. The head tenant offered the space under existing lease terms without any markup to attract sub-tenants.
Contact
MEET OUR PEOPLE
Mohamed Gamal
Senior Consultant - Abu Dhabi
Commercial Sales & Leasing
David Short
Head of Abu Dhabi
Commercial Sales & Leasing
Afsal Navas
Consultant - Abu Dhabi
Commercial Sales & Leasing
Rajat Kapoor
Consultant - Abu Dhabi
Commercial Sales & Leasing
