LOS ANGELES--(BUSINESS WIRE)--
CBRE Group, Inc. (NYSE:CBRE) today announced the launch of Hana, a new
service offering designed to help institutional property owners meet the
rapidly growing demand for flexible office space solutions.
Hana’s
core offering is called Hana Team, which provides private office suites
that meet the needs of large corporate users of office space. Hana Team
combines the benefits of flexible space with the amenities, technology,
thoughtful space design, and control over branding and culture that
sophisticated corporations require.
Each Hana facility will also feature two other integral offerings, Hana
Meet and Hana Share. Hana Meet provides conference room and event space
that can be rented on an hourly, daily or weekly basis. Hana Share
provides traditional co-working space in which users share services,
amenities and technology in a communal setting.
Hana will partner with institutional property investors who want to
differentiate and enhance their assets by meeting the growing demand for
flexible office space. Hana will design, build and operate the
facilities and services, and will participate in the financial success
of each Hana facility.
“The way space is being used is evolving rapidly. Companies want the
flexibility to adjust their occupancy to meet changing business needs
and a better workplace experience to attract and retain top talent,”
said Bob Sulentic, CBRE’s president and chief executive officer. “Hana
is perfectly suited to meet these needs. Reflecting this, we have
already generated significant interest from building owners who are
looking for a trusted partner to help deliver flexible space offerings,
and have a robust deal pipeline.”
Hana builds off CBRE’s expertise in advising institutional property
owners and global corporations. It also leverages CBRE 360, a workplace
experience offering that connects building occupants to services and
amenities.
Hana will operate as a wholly-owned subsidiary of CBRE and, beginning in
2019, will be the third component of CBRE’s Real Estate Investments
business – along with investment management (CBRE Global Investors) and
development services (Trammell Crow Company). The Hana team
is led by Andrew Kupiec, chief executive officer of Hana, who joined
CBRE from Zipcar in 2017, and Scott Marshall, Hana’s president and chief
development officer, who previously led CBRE’s investor leasing service
line in the Americas.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company
headquartered in Los Angeles, is the world’s largest commercial real
estate services and investment firm (based on 2017 revenue). The company
has more than 80,000 employees (excluding affiliates), and serves real
estate investors and occupiers through approximately 450 offices
(excluding affiliates) worldwide. CBRE offers a broad range of
integrated 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. Please visit our website at www.cbre.com.
About Hana
CBRE Hana, LLC is a wholly-owned subsidiary of CBRE Group, Inc., the
world’s largest commercial real estate services and investment firm
(based on 2017 revenue). Hana partners with real estate owners to
develop and operate integrated, scalable, flexible workspaces. Each unit
contains office suites (Hana Team), conference rooms and event space
(Hana Meet) and co-working (Hana Share). Hana provides property owners
increased transparency, control over their asset environment, and a
valuable offering for companies that desire to maintain their culture
and brand while leveraging the benefits of a flexible space offering.
More information is available at www.hanaspaces.com.
Forward-Looking Statements
Certain of the statements in this release regarding the launch of CBRE’s
flexible-space solutions service that do not concern purely historical
data are forward-looking statements within the meaning of the “safe
harbor” provisions of the U.S. Private Securities Litigation Reform Act
of 1995. Forward-looking statements are made based on our management’s
expectations and beliefs concerning future events affecting us and are
subject to uncertainties and factors relating to our operations and
business environment, all of which are difficult to predict and many of
which are beyond our control. Accordingly, actual performance, results
and events may vary materially from those indicated in forward-looking
statements, and you should not rely on forward-looking statements as
predictions of future performance, results or events. Numerous factors
could cause actual future performance, results and events to differ
materially from those indicated in forward-looking statements,
including, but not limited to, our ability to secure property investors
to partner with CBRE in this initiative and continued demand for
flex-space facilities, as well as other risks and uncertainties
discussed in our filings with the U.S. Securities and Exchange
Commission (SEC). Any forward-looking statements speak only as of the
date of this release. We assume no obligation to update forward-looking
statements to reflect actual results, changes in assumptions or changes
in other factors affecting forward-looking information, except to the
extent required by applicable securities laws. If we do update one or
more forward-looking statements, no inference should be drawn that we
will make additional updates with respect to those or other
forward-looking statements. For additional information concerning
factors that may cause actual results to differ from those anticipated
in the forward-looking statements and other risks and uncertainties to
our business in general, please refer to our SEC filings, including our
Form 10-K for the fiscal year ended December 31, 2017 and Form 10-Q for
the quarter ended June 30, 2018. Such filings are available publicly and
may be obtained from our website at www.cbre.com
or upon request from the CBRE Investor Relations Department at investorrelations@cbre.com.
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CBRE Group, Inc.
Robert McGrath
Media Relations
212.984.8267
or
Brad
Burke
Investor Relations
215.921.7436
Source: CBRE Group, Inc.