Asia Pacific Regional Overview - NAI Commercial Real Estate

Cairn Energy India Pty Ltd ExploresRelationship with NAI Global and StrikesWinning Results in the Gurgaon RegionRequirements:Cairn Energy PLC is an independent, public oil and gas exploration andproduction company based in Edinburgh, Scotland. Currently they areconcentrating on the geographic region of South Asia, where the groupholds material exploration and production positions in both west andeast India, and in Bangladesh. Cairn’s exploration efforts in western Indiaare almost exclusively focused on Rajasthan. Cairn Group struck gas inIndia's northwestern Rajasthan in 2004. Cairn engineers had drilled 14exploration wells in Rajasthan, of which 10 have encountered oil or gas.Due to this rapid growth and expansion, Cairn Energy India Pty Ltd.,requested NAI Global’s offices in India to assist with their real estateneeds.Approach:The New Delhi and Chennai offices succeeded in providing a single pointof contact for all their assignments, whether it was the right office spaceor right house for their expatriates. Cairn wanted to select a location fortheir office in one of three cities in India – Delhi and NCR Region,Chennai or Mumbai. NAI provided a detailed comparison report for thesecities followed by a comprehensive site survey and specific reports,allowing Cairn to choose the Gurgaon region. NAI further provided themall the details pertaining to the Gurgaon region and helped them finalize alease for 76,000 sq ft in a Class-A office building.Results:NAI understood the client’s goal and worked hard to meet theirexpectations. Cairn has moved into their office in the Gurgaon region.Based on Cairn’s experience with NAI, they further requested NAI handleresidential relocation requirements for approximately 250 employees ofCairn India Pty Ltd., from Chennai to New Delhi and Gurgaon. Theresidential relocation project is currently active with scheduledcompletion by mid 2006.9