As part of its consolidation process as a result of various takeovers, Schneider Electric had no need of this warehouse building. Redept negotiated a surrender of the lease whereby Schneider Electric realised significant savings on the remaining leasehold obligation.
Schneider Electric is the global specialist in energy management with operations in more than 100 countries and offers integrated solutions for energy safe, reliable, efficient, productive and green multiple market segments. Schneider Electric has leadership positions in energy and infrastructure, industrial processes, building automation, and data centers and network, as well as a broad presence in residential applications. In 2011, more than 130,000 employees achieved sales of more than EUR 22.4 billion. Under the motto “Make the most of your energy” Schneider Electric helps people and companies to get most out of their energy.
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