How L’Oreal doubled its office space with iO Partners
28. 08. 2024
L’Oreal connected with iO Partners to navigate a challenging real estate market and manage its office expansion.
In a market dominated by renewals and downsizing, L’Oreal sought expert advice to determine the best real estate strategy for its future offices. To help explore the available options and guide this decision, the cosmetics manufacturer turned to iO Partners.
iO Partners approached this project by presenting all viable options and providing a stay-versus-go strategy to L’Oreal. With these insights, L’Oreal was able to make an informed decision on its future office space. The iO Partners’ team then conducted thorough due diligence to avoid hidden costs and potential legal issues related to the move.
Through the expertise of iO Partners, L’Oreal was able to double the size of its original office space, a significant achievement in a challenging market. The process took 18 months and was pivotal in shaping L’Oreal’s work environment and its future growth.