Business Specialties
Corporate Real Estate
Jul 08, 2009
CB Richard Ellis Inc. has been tapped by Nissan Europe S.A.S as the automaker’s strategic property advisor for the region. The deal extends CBRE and Nissan's existing relationship in North America, where CBRE have been engaged as a full-service real estate partner since July 2007. The European contract, primarily comprising transaction and consultancy support, is the first of its kind awarded by Nissan across the European region. For CBRE, the Nissan agreement follows other corporate real estate advisory deals the firm has inked this year with European firms, including StatoilHydro and France Telecom.
Current real estate market conditions are presenting many new challenges for firms—but also many advantages. “Current market conditions represent a significant opportunity for occupiers to reduce their exposure to real estate risk and cost through leveraging a unique set of property market dynamics,” noted Matthew Pullen, Head of CBRE Global Corporate Services. “Property markets globally continue to favor the occupier with falling rents and increased vacancy in many markets."
CB Richard Ellis Inc. has been tapped by Nissan Europe S.A.S as the automaker’s strategic property advisor for the region. The deal extends CBRE and Nissan's existing relationship in North America, where CBRE have been engaged as a full-service real estate partner since July 2007. The European contract, primarily comprising transaction and consultancy support, is the first of its kind awarded by Nissan across the European region. For CBRE, the Nissan agreement follows other corporate real estate advisory deals the firm has inked this year with European firms, including StatoilHydro and France Telecom.
Current real estate market conditions are presenting many new challenges for firms—but also many advantages. “Current market conditions represent a significant opportunity for occupiers to reduce their exposure to real estate risk and cost through leveraging a unique set of property market dynamics,” noted Matthew Pullen, Head of CBRE Global Corporate Services. “Property markets globally continue to favor the occupier with falling rents and increased vacancy in many markets."
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