CBRE has strengthened its service offering in the German real estate market with the opening of a new business line, ‘Building Consultancy’. The new division will be headed by Alexander von Erdély, who is also overseeing the ‘Public Advisory Services’ division of CBRE Germany.

CBRE has strengthened its service offering in the German real estate market with the opening of a new business line, ‘Building Consultancy’. The new division will be headed by Alexander von Erdély, who is also overseeing the ‘Public Advisory Services’ division of CBRE Germany.

The new business line aims to cover all the technical aspects of real estate development, planning, construction and redevelopment, the company said in a statement. Besides project management, the focus will be on investment control, technical due diligence and optimal energy consumption. CBRE expects the new service to be of interest to investors, project developers, tenants and non-property companies with large real estate portfolios.

‘The increased cost awareness and stronger competition are leading to increased requests for our services in this area as well, says Alexander von Erdély, who has a background in project management. ‘Through the connection of our services with CBRE's internationally organised business line Building Consultancy we can offer our clients this service in many countries’, he adds.