The challenge: A large company regularly relocating employees needed to establish an apartment pool to accommodate long- and short-term stays. Relying on hotels or short-term rentals proved too expensive and far too unreliable, especially for large relocation projects.
How we handled it: With Packimpex’s support, the company now has 400 corporate apartments in different cities: 300 are long-term apartments – furnished by Packimpex – for local hires, expats and trainees, and 100 are short-term apartments available on the market depending on our customer’s needs.
Packimpex operates a 24-hour emergency hotline for these apartments and manages field runners who carry out repairs. We constantly monitor the size of the apartment pool, source and furnish new apartments as needed, and terminate contracts for apartments that are no longer required or no longer fit into our client’s strategy.
Packimpex executes the reservation/apartment allocation based on the transferees’ needs and also serves as the company’s one-stop shop for relocations by providing moving and destination services. We handle the expense management, which includes tracking costs, compressed re-billing and submitting invoices to the company’s specified cost centers. Additionally, Packimpex provides the client with detailed cost tracking based on every relocation and booking in order to establish a transparent overview of rent, furniture, utilities and service subscription costs.
Would you like to find out more about our innovative CAM – Corporate Apartment Management – solution?
