CB Richard Ellis announced that it has been selected by the European arm of Japanese automaker Nissan as its strategic property advisor for the region. CBRE has been engaged as a full-service real estate partner to Nissan in North America since July 2007.
CB Richard Ellis announced that it has been selected by the European arm of Japanese automaker Nissan as its strategic property advisor for the region. CBRE has been engaged as a full-service real estate partner to Nissan in North America since July 2007.
The European contract, primarily comprising transaction and consultancy support, is the first of its kind awarded by Nissan across the European region. Earlier this year, CBRE announced other programmes with Europe-based corporates including StatoilHydro and France Telecom.
Matthew Pullen, head of CBRE Global Corporate Services, EMEA, said: 'Current market conditions represent a significant opportunity for occupiers to reduce their exposure to real estate risk and cost through leveraging a unique set of property market dynamics. Property markets globally continue to favour the occupier with falling rents and increased vacancy in many markets.'
