Case Study - Mastercard Australia

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The Challenge

Mastercard is seeking to consolidate their existing 4 offices (sites) across Sydney into one location at 72 Christie Street, St Leonards – approximately 7500m2 over 5 floors. The overlying objective of the project relates to business transformation and consolidation. The project enablers include people, place and technology which bring together business transformation. 

Cushman & Wakefield has been asked by Mastercard for end-to-end project management services for the proposed fitout and relocation of Mastercard’s new Sydney Corporate office including acting as principal for the consultancy and contractor teams.

Cushman & Wakefield is also working with the building landlord on behalf of Mastercard, to ensure landlord base building make good obligations are delivered within the terms of agreement executed in the lease and within the program set out by the landlord.

The Solution

Through project briefings with Mastercard’s stakeholders and steering committee, a site was located and finalised as the new destination and home for One Mastercard.

One Mastercard was established as the project name which aligns with the new workplace design strategy, with endorsed business direction and strategic re-positioning of Mastercard into the marketplace as leaders and innovators of technology and services that drives growth. 

The approved workplace fitout strategy and concept design was delivered within the first milestones under parameters of a highly compressed program. We continue to maintain a tight project control mechanism to hit all key milestones through collaboration with project consultants and Mastercard’s steering committees.  

The Results

A key contributor to the project’s success thus far is Cushman & Wakefield’s global partnership with Mastercard. Through our continual success and partnership, C&W has an in depth understanding of Mastercard's key drivers, both locally and globally.

Drawing on the knowledge of Cushman & Wakefield's APAC’s Mastercard team, the Sydney team evaluated the successful delivery of projects in Singapore and India, and mobilised quickly to deliver local business and Mastercard requirements, to formulate a suitable delivery strategy to meet local market conditions.

Cushman & Wakefield’s project and development services team are inspired, excited, and energised by Mastercard employees and business leadership to drive this business change forward. We are all working as One Mastercard to deliver Sydney’s headquarters to become a world-class office, tech and innovation hub within Asia Pacific.

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For more information, please click here to contact the project and development services team.