Thursday, December 19, 2024

CBRE Acquires Buildingi, Leading Provider of Occupancy Planning and Technology Services

CBRE Group announced it has acquired Buildingi, a leading provider of occupancy planning and technology services, to meet growing occupier demand for holistic occupancy management services. Buildingi will fully integrate with CBRE’s Occupancy Management team and initially transition to “Buildingi from CBRE.”

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Buildingi provides space utilization data management and Computer-Aided Design (CAD) services that help to underpin CBRE’s occupancy management offering. By combining CBRE’s best-in-class Occupancy Management expertise with Buildingi’s robust technology across CAD, Integrated Workplace Management Systems and Building Information Modeling, CBRE can provide clients, including some of the world’s largest organizations, with a holistic occupancy management solution.

“The COVID-19 pandemic has prompted more companies to reimagine their workplace and occupancy strategies as they look to provide employees with more flexibility as they return to the office,” said Susan Wasmund, CBRE Senior Managing Director, Occupancy Management. “Now more than ever, CBRE and Buildingi have a unique opportunity to fill the need in the marketplace by bringing together the best of each organization’s people and services.”

The acquisition includes Buildingi’s shared service center in Costa Rica, which will complement CBRE’s existing centers in Europe and Asia. CBRE can now provide 24/7 foundational occupancy planning services, including technical drawing and planning services, spatial data management, work order processing, and test fit support.

“Since starting Buildingi nearly three decades ago, we have proven to be an innovator and leader in the development of workplace and occupancy solutions,” said Bill Nolan, CEO of Buildingi. “By joining forces with the world’s largest real estate services company, we can help clients even more as they return to the office through our integrated and experienced sales team and a complete technology product offering.”

About CBRE Group

CBRE Group, a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2020 revenue). The company has more than 100,000 employees serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services.

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