PREUSS and VALTEQ combine to form CBRE PREUSS VALTEQ GmbH
PREUSS and VALTEQ, two companies that have been part of the commercial real estate services company CBRE since 2014, have joined to form the new subsidiary CBRE PREUSS VALTEQ GmbH with immediate effect. Together they constitute the CBRE “Building Consultancy & Project Management” business line in Germany that is part of the CBRE project management team with its global operations (3,500 employees in more than 45 countries).
The aim of the business merger is to round off CBRE’s comprehensive property-related service offering, to expand the integration of the subsidiaries, and to strengthen the competence of CBRE PREUSS VALTEQ as a technical and business-oriented consulting firm in the commercial property sector. In the process, the range of PREUSS and VALTEQ’s services established in the market will naturally be offered to its full extent in the future as well.
Expanding the whole service spectrum at all locations and using jointly shared platforms and synergy effects are only some of the measures at the forefront of the business combination between PREUSS and VALTEQ. Another central focus is placed on offering new, combined services based on the existing services to the customer and strengthening the cooperation between all CBRE’s business lines.
The operational management of CBRE PREUSS VALTEQ GmbH will be carried out in future by Dr. Gabriele Lüft, Jan Sander, Jürgen Scheins, Rainer Stiller, Bernd Weißbrodt and Mark Spangenberg who were also previously managing directors in the subsidiaries.
As managing directors, Prof. Dr. Norbert Preuß, Gerhard Wirth and Dr. Thomas Herr will be assuming the strategic development of the Building Consultancy & Project Management business line, as well as other tasks within the CBRE Group.
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CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, California, is the world’s largest commercial real estate services and investment firm (in terms of 2015 revenue). With more than 70,000 employees in more than 400 offices worldwide (excluding affiliates), CBRE serves investors and occupiers of commercial real estate in all aspects relating to real estate. CBRE offers comprehensive integrated services, including facility, transaction and project management, investment management, appraisal and valuation, property leasing, strategic advisory services, property sales, mortgage services, as well as development services. CBRE Deutschland established its head office in Frankfurt am Main in 1973, and maintains offices in Berlin, Düsseldorf, Essen, Cologne, Hamburg, Munich, Nuremberg and Stuttgart. www.cbre.de