Case Study: DraftKings centralizes global lease management and improves portfolio visibility with Occupier

DraftKings centralizes 30+ office locations with Occupier

DraftKings, a rapidly growing digital sports entertainment platform, faced significant challenges in managing its expanding global real estate portfolio. As the company tripled its office footprint and employee base, its small real estate team struggled with manual processes using spreadsheets and calendar reminders. This led to a lack of centralized visibility, missed critical deadlines for renewals and compliance, and difficulties integrating acquisitions. To address this, DraftKings partnered with Occupier and implemented its Lease Administration module.

By using Occupier's platform, DraftKings centralized all lease data and critical dates, automating tracking to prevent missed deadlines. The solution provided full portfolio visibility across multiple countries, streamlined the integration of corporate acquisitions, and fostered better collaboration between real estate and finance teams for planning and reporting. As a result, DraftKings successfully managed its hypergrowth, reduced regulatory and compliance risks, and gained efficient control over hundreds of thousands of square feet of space.

DraftKings