Cable & Wireless Worldwide (C&WW) has appointed dohertybaines (db) on a new four-year contract to service all its corporate real estate requirements.
C&WW, headquartered in Bracknell, has 1,450 properties in EMEA which equates to 3.6 million ft² (approx. 334,000 m²) of managed real estate or roughly £600 million of managed assets.
The estate comprises a varied mix of managed assets from traditional office and industrial sites through to technical telecoms and radio infrastructure.
The contract which was won as the result of a competitive procurement process, mandates db to deliver the entire range of corporate real estate solutions and provide treasury management across the portfolio.
Claire Robinson, Director of Property at C&WW said: "It's apparent db value and care about our business, providing reliable day-to-day support on the management of our portfolio as well as partnering with our in-house team to develop and deliver our longer-term real estate strategy."
Philip Worsley, db's Head of Corporate Real Estate Solutions said: "We believe this endorsement further underscores the fact that db's services continue to lead the field, not only for agile CRE solutions but also value for money."
Andrew Baines, joint Co-Founding Partner of db added: "This is a tremendous vote of confidence in our business model. We are big enough to manage the property needs of any organization but small enough to provide a high level of accountability and tailor a bespoke service.
"Looking forward there is no place for complacency. In this climate, service, results and value for money are key requirements for clients. But we believe by focusing on these needs and by attracting the best people it is possible to grow our firm in a stable measured way."
Source: MJ2 Limited