Norwegian energy company StatoilHydro has appointed CB Richard Ellis as its preferred global real estate provider of transaction and project management services.
StatoilHydro’s 6m sq ft portfolio consists of 70 properties in 40 countries.
Svein Harald Storli, vice president of facilities management services in global business services at StatoilHydro, said: ‘The appointment of CBRE as StatoilHydro’s global real estate partner is an important step in the development of our integrated global business support infrastructure.
'As the pace of business activity continues to intensify, our ability to leverage enhanced capabilities from strategic partners is critical. Our new relationship with CBRE will enhance our ability to deliver a robust property services offering to our businesses worldwide.’
Mathew Pullen, head of CBRE global corporate services Europe, the Middle East and Africa, said that the new relationship would be a plus point for StatoilHydro’s global growth plans.