CBRE Group Agrees to Acquire Advanced Property Solutions Maintain, Expanding Technical Services Capabilities across Australia

CBRE Group, Inc., the world's largest commercial real estate services and investment firm, today announced a definitive agreement to acquire the Advanced Property Solutions (APS) Maintain business of BSA Limited, Australia.

On completion of the acquisition, APS Maintain, a technical services specialist, will operate as part of CBRE’s Global Workplace Solutions (GWS) business in Australia. APS Maintain significantly expands CBRE capabilities to self-deliver a full suite of integrated, highly specialised technical services and projects across Australia, including HVAC, BMS, Fire, Electrical and Mechanical.

APS Maintain serves customers across Australia in Education, Retail, Healthcare, Stadiums, Defence and other sectors.

“Client demand for highly specialised technical expertise to enhance building maintenance and energy management has never been greater. APS Maintain will enable us to unlock significant savings and bring greater value to our existing customers and expand our reach into new sectors,” said CBRE’s Thomas Mineo, Managing Director, Pacific, GWS | Local.

Mark Dunn, Executive General Manager, APS Maintain, said: “This acquisition aligns with our respective values and commitments to continue world-class innovative technical services to our clients. We look forward to joining the CBRE family and leveraging their global scale and service offering, we know we have the right partner to grow our business and provide the best possible outcomes for our clients.

This acquisition is expected to close in the coming months.