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Deutsche Bank, CBRE Renew Global Property Services Agreement

CBRE and Deutsche Bank renewed their agreement for the services firm to provide services for Deutsche Bank’s real estate portfolio of more than 50 countries. Under the agreement, CBRE will provide integrated facilities management services in most markets other than Germany, Luxembourg and Italy, as well as advisory and transaction services for the bank. 

The agreement builds on a longstanding relationship between the two firms, which began in 2010 with the provision of facilities management services for Deutsche Bank in select markets across EMEA. Currently, Deutsche Bank is driving multiple initiatives, including a goal of net-zero carbon emissions by 2050 globally, a global workplace utilization program and an elevation of the workplace experience for its employees. 

“Deutsche Bank has trusted us with key elements of its real estate portfolio for the past 15 years, and we’re honored to continue growing our relationship with the bank,” said Emma Giamartino, CFO at CBRE.  

Pictured: Deutsche Bank UK headquarters at 21 Moorefields, City of London.

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CBRE's Giamartino

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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