United Bank for Africa- Analysis- 2019-11-07 for Real Estate

Scenario A: 1 Rockefeller Plaza

Pros:

Cons:

 Space is much bigger than UBA requires  Current configuration does not support UBA’s operations effectively  Renovating UBA’s offices while in occupancy will not be feasible  High operating expenses  Public foot traffic through the lobby is disruptive to employees and clients

 UBA’s home for the last 15 years, so a known address to customers  Rockefeller address is recognized worldwide  UBA’s employees commute is not affected

Other Major Tenants:  Quontic Bank  The Renco Group  The Direct TV Group

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