The Leading News & Information Service For The Facilities, Workplace & Built Environment Community

Managing More in the Land of Thor

08 April 2016 | Updated 01 January 1970
 

CBRE has been appointed to manage a property portfolio of 290 assets in the Nordic region.

Under the recently signed agreement, CBRE will take responsibility for the property management of the assets of Aberdeen Asset Management (AAM), alongside SPV accounting and administration, in the Nordic area.

AAM’s property in this region includes offices, shopping centres, industrial and residential assets covering Denmark, Sweden, Norway and Finland. In addition, due to the size and scope of the agreement, approximately 60 Aberdeen employees will transfer to CBRE.

This appointment is the first time AAM has outsourced its property management and adjoining accounting functions in the region, making CBRE one of the largest outsourced providers of property management in Scandinavia.

“The outsourcing of these functions is part of our strategy to unify our international business model and align our Nordic business with other parts of Aberdeen’s property platform,” explained Pertti Vanhanen, Global Head of Property, AAM. “By creating an operating model that ensures a clear focus for our teams on fund and asset management, including strategic letting and development services, we are well placed to provide a cost effective, focused and quality service to our clients and help position our international property business for future growth in the Nordics. CBRE’s expertise and scale in the region makes them an ideal partner.”

Picture: CBRE has taken over the asset management of AAM’s Nordic properties including this one in Linköping, Sweden

Article written by Robin Snow | Published 08 April 2016

Share



Related Articles

CBRE Takes 60% Ownership of Turner & Townsend

CBRE has announced a definitive agreement whereby they will acquire a 60 per cent ownership interest in Turner & Townsend, a UK-based global leader in program,...

 Read Full Article
Twinview to Implement Digital Twins Across Nordic Region

Twinview and Nordic BIM Group have announced a strategic partnership to implement digital twins across the property sector in Sweden, Finland and Norway. This will...

 Read Full Article
ABM Wins FM Contract at Angel Central Shopping Centre, Islington

ABM has been appointed by commercial real estate consultants Lambert Smith Hampton for facilities management services at its Angel Central Shopping Centre...

 Read Full Article
Emerging Workplace Leaders Announce New Co-Chairs

The Emerging Workplace Leaders volunteer group has announced a change in leadership with two new co-chairs. Bianca Angelico, Director of Guest Services at Amulet,...

 Read Full Article
CBRE Group Named in Two Global Excellence Lists

CBRE Group has been recognised as one of the 2021 World’s Most Ethical Companies and named in IAOP’s 2021 Global Outsourcing 100 list. Ethisphere, a global...

 Read Full Article
CBRE Joins Real Estate Companies in Returning Furlough Payments

CBRE is the latest commercial real estate firm to announce that it will return all furlough payments claimed during COVID-19. The company will also allegedly top-up...

 Read Full Article
CBRE Moves Global HQ From LA to Dallas

CBRE Group is to move its Los Angeles base to Dallas, Texas. According to Los Angeles Daily News, Lew Horne, President of Advisory Services for the Pacific Southwest...

 Read Full Article
Willmott Dixon's Interiors Arm to Overhaul Brindleyplace

CBRE Global Investors has selected Willmott Dixon Interiors to deliver the £38.8 million full refurbishment of a landmark Birmingham office block. The fit-out...

 Read Full Article
Gothenburg Showcases Award-Winning Green Buildings

Green Gothenburg is inviting its travel-banned visitors to a virtual tour of its award-winning buildings, where the latest innovations in smart technology...

 Read Full Article
Spotlight Interview – Roshan Deshmanya | CBRE

With the world slowly moving through large social, economic, environmental and technological megatrends, how is the FM industry adapting? We explore this with Roshan...

 Read Full Article