Charter Hall has appointed CBRE to provide facilities management services for 153 office and industrial properties across Australia in a key win for the firm’s Asset Services business.
Charter Hall is one of Australia’s largest property groups with a total managed property portfolio of $19.8 billion. The group has operated its facilities management team via an outsourced property model since its inception in 1991.
With a view to implementing a new generation service model, Charter Hall recently tendered the facilities management contract for two separate portfolios, comprising 43 office towers and 110 industrial assets.
CBRE’s Pacific head of Asset Services, Amanda Steele, said; “We are delighted to have secured this contract from the incumbent, providing us the opportunity to partner with Charter Hall and assist in delivering on their overall portfolio objectives. We look forward to implementing a new generation service model, which has an overriding focus on Charter Hall’s tenant customers, service excellence and innovation.”
The facilities management contract encompasses office properties totaling nearly 800,000sqm and industrial assets totaling 2,500,000sqm.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2016 revenue). The Company has more than 75,000 employees (excluding affiliates), and serves real estate investors and occupiers through more than 400 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 atwww.cbre.com.
