Agreement aims to promote local economic revitalization
CBRE today announced that it has signed a "Corporate Location Support Agreement" with Kanagawa Prefecture, offering corporate location support and services to businesses considering or confirmed to set up a base in the area. CBRE will leverage its extensive knowledge of the local real estate market to find solutions that best meet clients' needs. This agreement will allow CBRE to entice companies to Kanagawa Prefecture and thereby promote its economic revitalization.
- Purpose of the agreement
To attract businesses to Kanagawa Prefecture by exchanging information (on clients' location needs, industrial sites, and office rental sales/leases) and hosting joint seminars. - Agreement components
i. To co-host corporate real estate seminars, consultation meetings
ii. To offer local real estate advice to companies interested in the prefecture
iii. To provide local real estate information to companies interested in the prefecture
iv. To support other real estate-related means of promoting the prefecture to companies - Agreement execution date
May 21, 2019
CBRE Yokohama branch manager Hideto Otaki commented, "I am very happy to formalize this agreement with Kanagawa Prefecture. CBRE has been operating in Japan for close to 50 years. We will leverage our market knowledge and expertise to act as a strategic real estate advisor, proposing optimal solutions for companies looking to set up a base in Kanagawa Prefecture. Through this agreement, CBRE will help promote and contribute towards the revitalization of Kanagawa Prefecture's economy."
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CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2021 revenue). The company has more than 105,000 employees (excluding 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.
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