LOS ANGELES–(COMMERCIAL THREAD) – CBRE Group, Inc. (NYSE: CBRE) today announced its appointment as the exclusive provider of global real estate services for Novartis International AG, one of the world’s leading pharmaceutical companies.
As part of this new mandate, CBRE’s Global Workplace Solutions (GWS) and Advisory & Transaction Services teams will provide a full range of real estate and facilities services to the 70 million square foot (6.5 million square meters) portfolio. ) of the global pharmaceutical company, which covers more than 90 countries and several types of properties, including offices, laboratories, manufacturing and research facilities. CBRE will support Novartis in transforming its real estate portfolio, improving the work experience of its employees and driving its sustainable development program.
Paul Saville-King, President of CBRE Enterprise Accounts, EMEA, said: “CBRE’s ability to provide fully integrated real estate services around the world makes us the ideal choice for Novartis. We are deeply committed to helping Novartis optimize its real estate portfolio and operational performance worldwide. We also look forward to supporting Novartis as it reduces the environmental impact of its occupation and transforms its work experience, empowering its employees to do the best they can for the patients who depend on Novartis every day.
CBRE was appointed by Novartis following a call for tenders. This appointment marks another success for CBRE’s GWS business in the life sciences sector, a high growth area for the company.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE: CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate investment and services firm (based on revenue 2018). The company has more than 90,000 employees (excluding subsidiaries) and serves real estate investors and occupants through more than 480 offices (excluding subsidiaries) around the world. CBRE offers a wide range of integrated services, including facilities, transaction and project management; property management; investment management; evaluation and evaluation; Property rental; strategic advice; real estate sales; mortgage and development services. Please visit our website at www.cbre.com. We regularly post important information on our website, including company and investor presentations and financial information. We intend to use our website as a vehicle to disclose material, non-public information and to comply with our disclosure obligations under the FD Regulation. These disclosures will be included in the Investor Relations section of our website at https://ir.cbre.com. Therefore, investors should monitor this part of our website, in addition to following our press releases, stock market filings, public conference calls and webcasts.