Case Study - Mastercard Australia
Mastercard has consolidated their existing 4 offices across Sydney into
one location at 72 Christie Street, St Leonards – which covers approximately
7,500m2 over 5 floors. The overlying objective of the project related to
business transformation and consolidation and ensuring that a single culture
formed part of the new consolidated home.
Cushman & Wakefield was asked by Mastercard for end-to-end project
management services for the fitout and relocation of Mastercard’s new
Australian HQ, including acting as Principal for the consultancy and contractor
Cushman & Wakefield also acted on behalf of Mastercard with the building
landlord, to ensure landlord base building make good obligations and upgrades
were delivered within the terms of agreement executed in the lease and within
the program set out by the landlord. Integrated elements were also coordinated
to ensure that a seamless delivery model existed between both parties.
Through project briefings with Mastercard’s stakeholders and steering
committee, a site was located and finalised as the new destination and home for
One Mastercard. Through a detailed single line design and procurement model,
Cushman & Wakefield were able to act as a single coordination, procurement
and contractual model for our Global client in order to allow the fast tracked
nature of the project to be managed. Through the integration of Transition
Management services, Cushman & Wakefield were able to ensure a truly
seamless process from start to finish, including facilities and operations management
within the new headquarters.
A key contributor to the project’s success was Cushman & Wakefield’s
global partnership with Mastercard. Through the continued success in this
partnership, Cushman & Wakefield has an in-depth understanding of
Mastercard's key drivers, both locally and globally. Drawing on the knowledge
of Cushman & Wakefield's Global Mastercard team (based in St Louis, USA),
the Sydney project and development services team evaluated the successful delivery of projects across the
globe and mobilised quickly to formulate a suitable delivery strategy that
simultaneously adhered to Mastercard’s requirements whilst meeting local market
Cushman & Wakefield’s Project and
Development Services team are inspired, excited, and energised by Mastercard’s
market leadership. We are very proud to have partnered on this special project
and deliver a world-class office, technology and innovation hub for the Asia Pacific region.
For more information, please click here to contact the project and development services team.