CBRE Group has renewed its global agreement with Deutsche Bank to provide integrated property services across the bank’s real estate portfolio in more than 50 countries, the firms said on Tuesday.
Under the extended partnership, CBRE will deliver integrated facilities management (IFM) services in most markets, excluding Germany, Luxembourg and Italy.
The agreement also includes advisory and transaction services as Deutsche Bank seeks to optimize its workplace footprint and drive operational efficiency.
Deutsche Bank is implementing multiple initiatives, including a global program to enhance office utilization, improve the employee workplace experience, and meet its target of achieving net-zero carbon emissions by 2050.
CBRE’s ability to provide cross-border solutions and its sector-specific expertise are expected to support these efforts.
CBRE said the partnership will help the bank generate cost savings while enabling it to adapt office spaces to evolving business and employee needs.
The agreement marks a continuation of a longstanding relationship between the two companies, which began in 2010 with CBRE managing select Deutsche Bank facilities across Europe, the Middle East and Africa.
The expanded services underscore growing demand among financial institutions for integrated real estate solutions that align with broader sustainability and operational goals.
CBRE, one of the world’s largest real estate services firms, has been focused on enhancing its workplace experience offerings to meet the evolving needs of corporate clients.
The latest agreement reflects Deutsche Bank’s strategy to create smarter, more efficient, and employee-centric work environments across its global portfolio.
Reuters