CBRE Group Inc acquires ICE Technical Maintenance Services in Australia
CBRE Group, Inc. acquires ICE Technical Maintenance Services in Australia
| 20 January 2021
CBRE Group, Inc. today announced that it has acquired ICE Technical Maintenance Services (ICE), a leading provider of commercial property facilities and technical maintenance services based in Sydney, Australia. This acquisition significantly enhances CBRE’s specialisation in engineering and technical services within its Global Workplace Solutions (GWS) business in the Pacific region.
CBRE GWS Pacific Senior Managing Director Emma Forster Mitrovski said: “This acquisition further enables CBRE to respond to market demand for integrated facilities management services. It enhances our engineering and technical services capability in key geographies across the Pacific region, providing clients with a truly end-to-end solution.”
ICE’s Managing Directors, Graham Fennell and Robert Lane, will join the GWS Pacific Senior Leadership Team.
“The strength of the CBRE brand will enhance our ability to deliver single source solutions for building management needs, enhance career growth opportunities for our staff and give our clients access to CBRE’s broad service offering and world-class expertise,’’ Mr. Fennell said.
Founded in 1997, ICE provides on-site and mobile technical mechanical and electrical maintenance and project services across the East Coast of Australia. ICE has 120,000 sq. ft under management, and its expertise includes HVAC, cooling and heating system installations, upgrades, refurbishments and replacements, lighting & electrical installations & maintenance, as well as energy efficiency & sustainability services.
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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 (based on 2019 revenue). The company has more than 100,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 530 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated 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. Please visit our website at www.cbre.com.