July 12, 2019
CBRE was selected to provide facilities and project management and related services across the Province of British Columbia’s 17-million-square-foot real estate portfolio. Managed through the Province’s Ministry of Citizens’ Services (Ministry), the portfolio contains a mix of leased, owned and managed assets, including offices, courthouses, corrections centres and warehouses.
CBRE Limited’s Werner Dietl says, “We’re excited to support the Ministry in its mission of delivering efficient and effective services. We also are eager to implement the solutions we’ve developed from managing 6.1 billion square feet of facilities globally, and from managing other large, prominent, public portfolios in Canada.”
The five-year contract is valued at roughly $190 million annually, according to a release from the Province.
CBRE delivers portfolio-level real estate solutions through its Global Workplace Solutions business, which provides occupiers of real estate a broad suite of integrated, contractually based services.
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