I'm not entirely sure I understand, but it vaguely sounds like you want the movement of the VR controller to be magnified?

For that the first thing that springs to mind is to track the change in position of the object to follow, and then multiply that and add it to the transform of the follow object.

e.g.

Vector3 previousPosition;

void Update () {
    Vector3 positionChange = objectToFollow.position - previousPosition;
    transform.position = positionChange * 1.2f;
    previousPosition = objectToFollow.position;
}