Tokyo
Global Pharmaceutical Company Appoints CBRE to Deliver Integrated Real Estate Management and Consulting Services Around the World
CBRE Group, Inc. (NYSE:CBRE) today announced its appointment as exclusive provider of global real estate services for Novartis International AG, one of the world’s leading pharmaceutical companies.
December 10, 2019
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The Japanese translation of this release was disseminated in Japan on the date above. The original English-language version of this release was disseminated on October 29.
LOS ANGELES, October 29, 2019 - CBRE Group, Inc. (NYSE:CBRE) today announced its appointment as exclusive provider of global real estate services for Novartis International AG, one of the world's leading pharmaceutical companies.
Under this new mandate, CBRE's Global Workplace Solutions (GWS) and Advisory & Transaction Services teams will deliver a full suite of real estate and facilities services to the global pharmaceutical company's 70-million-square-foot (6.5 million square meters) portfolio, which spans more than 90 countries and multiple property types, including office, laboratory, manufacturing and research facilities. CBRE will support Novartis in the transformation of its real estate portfolio, improving its employee workplace experience and driving its sustainability agenda.
Paul Saville-King, President, CBRE Enterprise Accounts, EMEA, said: "CBRE's ability to provide fully integrated real estate services across the globe makes us the ideal choice for Novartis. We are deeply committed to helping Novartis optimize its real estate portfolio and operating performance worldwide. We also look forward to supporting Novartis as it reduces the environmental impact of its occupancy and transforms its workplace experience, enabling its employees to do their best work for the patients who depend on Novartis every day."
CBRE was appointed by Novartis following a competitive bidding process. The appointment marks another success for CBRE's GWS business in the Life Sciences sector, a high-growth area for the company.
About CBRE K.K.
CBRE K.K. is the Japanese subsidiary of the U.S.-based CBRE Group, Inc. and a leading provider of integrated real estate services for corporate clients in Japan. With a legacy dating back to the founding of its predecessor, Ikoma Shoji, in 1970, CBRE has served as a trusted real estate expert in Japan for over half a century. The firm offers a comprehensive suite of over 20 service lines, including leasing and sales brokerage, advisory services, property management, and valuation, delivered from 8 offices nationwide. Its team of approximately 1,800 professionals (including subsidiaries) is committed to providing optimal, impartial, and data-driven real estate solutions that serve as an essential business infrastructure for its clients. For more information, please visit our website at www.cbre.co.jp and follow our social media accounts on LinkedIn, X, and Facebook.
About CBRE Group, Inc.
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 and a premier provider of critical infrastructure services. The company has more than 155,000 employees serving clients in more than 100 countries. CBRE serves clients through four business segments: Advisory (leasing, sales, debt origination, mortgage servicing, valuations); Building Operations & Experience (facilities management, property management, flex space & experience, critical infrastructure); Project Management (program management, project management, cost consulting); Real Estate Investments (investment management, development). Please visit our website at www.cbre.com.