The two leading service providers in the global Commercial Real Estate (CRE) market have been augmenting their capabilities in smart building technologies, facility management software and services. Major real estate clients are demanding a “one-stop shop” with more integrated services and global multi-site capability. Strategic acquisitions have been the main route to acquire this capability. CBRE manages approximately 5 billion square feet of commercial real estate and corporate facilities around the world. In April 2015 they acquired Environmental Systems Inc, a US building systems integrator and energy management service provider having a well established Building Performance Manager portal, powered by SkyFoundry. They followed this up some six months latter when they acquired the former Johnson Controls facilities management business, Global Workplace Solutions. They established a 10 year strategic alliance with Johnson Controls who will offer a factory-direct relationship on HVAC equipment, building automation systems and related services to CBRE for its managed properties. In addition, […]
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