Nokia, the world’s largest mobile phone company, has appointed CB Richard Ellis as its global strategic real estate advisor.

CB Richard Ellis will advise Nokia on transactions management, brokerage and lease administration across its entire 20m sq ft global portfolio, as revealed by Property Week (22.01.09).

Nokia has 380 properties in 60 countries.

Colin King, global real estate director at Nokia, said: CBRE has demonstrated a clear commitment to collaboration throughout this process; we are very excited about our new partnership and working together to leverage dynamic real estate market conditions over the next number of years.’

Matt Pullen, head of CBRE global corporate services, Europe, the Middle East and Africa, said: ‘Ensuring agile integration between a flexible real estate strategy and dynamic field execution will be paramount to success in the coming years. We believe Nokia’s approach to real estate will continue to set industry benchmarks through the unique integration of collaboration, innovation and customer engagement.’