CBRE to Offer Real Estate Services to Deutsche Bank

The global leader in commercial real estate services and investments Coldwell Banker Richard Ellis (CBRE), on Monday said that it has renewed global agreement with Deutsche Bank, the leading bank in Germany, to provide services for the bank’s real estate portfolio of over 50 countries.

Under the agreement, CBRE will provide integrated facilities management (IFM) services, in most markets other than Germany, Luxembourg and Italy, as well as advisory and transaction services for the bank.

CBRE will drive significant savings for the bank and demonstrate how its expanded workplace experience offering can support enterprise organisations seeking to maximize office utilization and achieve operational excellence.

Deutsche Bank is driving multiple initiatives, including a goal of net zero carbon emissions by 2050 globally, a global workplace utilization program and an elevation of the workplace experience for their employees.

CBRE’s ability to drive integration across geographies and service lines and its sector-based approach, which brings a deep understanding of the challenges facing financial institutions, are keys to helping Deutsche Bank realise its ambitions.

The agreement builds on a longstanding relationship between the two firms, which began in 2010 with the provision of facilities management services for Deutsche Bank in select markets across EMEA.

Gain Trust

CBRE’s Chief Financial Officer Emma Giamartino said that Deutsche Bank has trusted them with key elements of its real estate portfolio for the past 15 years, and we are honoured to continue growing our relationship with the bank.

Rebecca Short, Chief Operating Officer for Deutsche Bank, said that the extension of their trusted partnership with CBRE will enable Deutsche Bank to deliver greater operational efficiency and smarter office utilisation across our portfolio.

“We have a joint ambition to create workplaces that evolve with the needs of our employees and our clients,” Rebecca added.

CBRE Group is a Fortune 500 and S&P 500 company headquartered in Dallas and has over 140,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services.