Transaction Update | Bunge | Advisory (SA)

Congratulations to Bunge in securing their new South Australian office at Level 1, 226 Greenhill Road, Eastwood.

Christian Gencarelli (Senior Consultant) and Michael Rouvray (Director) were pleased to have been engaged as Bunge’s trusted commercial property advisors, leading a comprehensive review of their office accommodation requirements and managing the entire relocation process from start to finish.

MRS Property’s involvement included:
• Conducting a detailed market canvas across Adelaide’s inner fringe to identify properties aligned with Bunge’s operational and workplace objectives;
• Negotiating a long-term lease on favourable terms, securing strong landlord incentives, base building upgrades and key lease protections;
• Managing the appointment of design, fitout, and project management consultants to deliver a tailored workspace to Bunge’s corporate standards;
• Facilitating all legal matters in coordination with the respective solicitors;
• Coordinating a short-term extension at Bunge’s previous premises to ensure operational continuity and adequate time for fitout and relocation; and
• Securing a clean lease exit via an agreed cash settlement to mitigate end-of-term liabilities.
The MRS team recently visited the completed space and were delighted with the quality of the fitout and the result achieved. We are very thankful for all involved in the project.

If you are considering relocating your business or require assistance with your future accommodation, please do not hesitate to contact the MRS Property Adelaide – Advisory team on (08) 8297 2400.

Bunge: Jason Rees Margo Prosilis Sophie McQuade Ben Davis Maria Valiff
Tenant Representative: MRS Property
Landlord Agent: McGees Property Adelaide
Project Manager: Place Project Management
Fitout Contractor: Contour Interiors
Tenant Legal: Thomson Geer
Landlord Legal: Brown & Associates
Photography: Pixel Collective Pty Ltd