Hogan Lovells Establish New Madrid HQ with Instant's Managed Office

Monday, 3 June, 2024

Hogan Lovells | Madrid - Rethink Talent

  • Managed Office
  • 49,500 sq ft
  • 250 people
  • 10 years
  • Madrid

Working closely with Hogan Lovells' CRE team in London and operations team in Madrid, Instant delivered a new 49,500 sqft managed office for Hogan Lovells, located in Paseo De La Castellana 77, a prime office tower in central Madrid.

Hogan Lovells International LLP, a global legal powerhouse with over 2,800 lawyers across six continents, aimed to set up its new Spanish headquarters in Madrid. Following their exceptional financial performance, Hogan Lovells wanted to reinforce its presence in Madrid, attract top talent, and boost its growth. They faced critical decisions regarding their Madrid office space as the existing lease was expiring. The challenge was to find a modern, centrally located workspace that matched the firm's growth goals and operational needs while minimising disruptions during the transition. Enter The Instant Group...

Watch the video or read on to find out more.

 

Challenges
  • Attract, Retain, & Enable Talent: Secure a modern, representative HQ in central Madrid to foster a vibrant work culture.
  • Increase Speed to Market: Deliver a turnkey workplace solution within 10 months, accommodating operational needs and minimizing disruption.
  • Embed Sustainability: Minimize environmental impact through best-practice sustainable solutions and work towards net zero targets.
  • Strengthen & Differentiate Brand: Create a light, contemporary workspace with client-facing facilities and operational capabilities that support Hogan Lovells' vision and brand for the next decade.
Outcomes
  • Strategic Lease Negotiations: Instant partnered with GMP, a leading Spanish landlord, to secure a favorable lease in Madrid’s top neighborhood.
  • Turnkey Workplace Solution: Managed the entire project lifecycle, from due diligence to lease negotiations and execution. Instant continues to look after the workspace facilities as part of the Managed Office Solution.
  • Setting New Standards: Delivered a 49,500 sqft, five-floor premium workspace, the largest fully managed office solution in the Spanish market.
  • Best in Class Employee Experience: The space includes over 60 offices with premium amenities like client reception areas, event rooms, a cafeteria, breakout spaces, and 100+ flexible desks for agile work.
  • Sustainable and Efficient: Achieved LEED Platinum building standard and LEED Gold fit-out, supporting Hogan Lovells' sustainability goals.
  • Delivered at Speed: The Cat B fit-out met the highest standards and enabled occupancy in just eight months, a record speed for this type of project.
  • Cost-Effective Solution: Completed the project within the fixed-price budget, accommodating Hogan Lovells' bespoke requirements.
  • Highest Quality Amenities: Included bespoke features like artisan ceilings, crafted tiles, luxury furnishings, and custom-made fragrances.

"We are delighted to have worked with The Instant Group on our new Madrid headquarters. The Managed Office product was the perfect solution to procure our office at speed and to the level of customisation we required, without the complexity of traditional office procurement. The Instant Group has brought to life our vision for this space and the intention for it to embody our global corporate culture and support the needs of our employees in Madrid for years to come.”

José María Balañá, Regional Managing Partner, Hogan Lovells

Hogan Lovells
Hogan Lovells is one of the world's top law firms advising on corporate, finance, litigation, regulatory and IP law, at the intersection of business and government. The firm was formed in 2010 and has now over 2,800 lawyers across six continents.
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