TechnologyOne – Corporate Real Estate Strategy & Global HQ Acquisition 

Why We Were Appointed: 
TechnologyOne engaged FACTION due to our long-standing relationship, deep understanding of their corporate real estate strategy, and proven capability in delivering large-scale HQ acquisitions and lease negotiations. 

Client Challenge: 
TechnologyOne required a new Global HQ aligned with their strategic growth, needing a competitive, streamlined acquisition process while managing risk, cost, and operational requirements. 

The Tailored Solution: 

• Developed an aspirational brief translating TechnologyOne’s strategic priorities into a cutting-edge RFLP 

• Conducted market engagement, attracting over 25 competitive proposals 

• Managed Final Competitive Bid process and led structured Heads of Agreement negotiations 

• Ensured lease terms aligned with strategic priorities and risk mitigation 

Results / Outcomes / Metrics: 

• Secured premises at below-market rental 

• Achieved $20M in total occupancy cost savings 

• Waived make-good obligations, saving $3M 

• Secured first rights over adjoining space on same commercial terms 

• Negotiated major base building upgrades (lobby, end-of-trip, rooftop facilities) 

• Implemented tenant protections for landlord service failures (e.g., power, vertical transport, air-conditioning)