CBRE and Deutsche Bank have renewed a global agreement under which the former provides integrated facilities management services in most markets other than Germany, Luxembourg and Italy, as well as advisory and transaction services for the bank. Deutsche Bank’s real estate portfolio spans over more than 50 countries.
In a press release, CBRE says its services will “drive significant savings for the bank” by boosting office utilisation and operational excellence through enhanced workplace experiences.
CBRE’s partnership with Deutsche Bank began in 2010, when it was engaged to provide facilities management services for the bank in select markets across Europe, the Middle East and Africa. “Deutsche Bank has trusted us with key elements of its real estate portfolio for the past 15 years, and we’re honoured to continue growing our relationship with the bank,” says Emma Giamartino, CFO of CBRE.
“The extension of our trusted partnership with CBRE will enable us to deliver greater operational efficiency and smarter office utilisation across our portfolio,” adds Rebecca Short, COO of Deutsche Bank.
