Case Study: Technip FMC achieves just-in-time 10,000 sqm expansion and minimizes lease losses with Cresa

TechnipFMC - Customer Case Study

TechnipFMC, a global oil and gas contractor, experienced rapid growth in its Perth operations and faced difficulty securing cost‑effective, practical leasehold to meet a fast expansion need. TechnipFMC engaged Cresa for Transaction Management, Consulting and Location Strategy & Economic Incentives to devise an independent tenant advisory strategy that could deliver the required space on a tight timeline.

Cresa leveraged deep local market knowledge to negotiate additional contiguous floors in TechnipFMC’s existing headquarters, secure a pre‑commitment on a nearby development and expand the company’s footprint to 10,000 sqm on a “just‑in‑time” basis. When market conditions worsened, Cresa proactively managed a sub‑leasing campaign to minimize losses, and was subsequently confirmed by TechnipFMC as their preferred Tenant Advisor for Australia.

TechnipFMC