Pickard has conducted a number of projects on renegotiation of commercial terms of lease agreements for HERE

In 2015, the real estate consultancy company Pickard has conducted a number of projects on renegotiation of commercial terms of lease agreements for HERE (a leader in navigation, mapping and location experiences). Pickard experts conducted an extensive analysis of the office real estate market in two Ukrainian cities (Kiev and Dnepropetrovsk) and also in 4 Russian cities (Moscow, Novosibirsk, Saint-Petersburg and Yekaterinburg). As a result of negotiations with the landlords, Pickard’s brokers managed to reduce rental rates by 10-40% and improved the terms of lease agreements.