This website uses cookies primarily for visitor analytics. Certain pages will ask you to fill in contact details to receive additional information. On these pages you have the option of having the site log your details for future visits. Indicating you want the site to remember your details will place a cookie on your device. To view our full cookie policy, please click here. You can also view it at any time by going to our Contact Us page.

Nordic Petroleum selects CB Richard Ellis

11 March 2009

In one of the most significant real estate services contracts ever to come out of Norway, CB Richard Ellis Group, Inc. (NYSE: CBG) announced today that it has been selected by StatoilHydro ASA (OSE: STL, NYSE: STO) as its preferred global real estate provider of transaction and project management services. StatoilHydro’s six million square foot global portfolio consists of over 70 properties in 40 countries.

StatoilHydro sought to establish a partnership with a global real estate advisor with a proven track record of delivering a real estate strategy that is capable of supporting the growth and expansion of its international business operations. This, coupled with CBRE’s ability to deliver a comprehensive range of real estate services on a truly global basis, were key determining factors in CBRE’s selection.

Matthew Pullen, Head of CBRE Global Corporate Services, EMEA, said: “This engagement represents a great vote of confidence in CBRE’s global and emerging markets platform. We are delighted that one of Norway’s largest and most respected companies has chosen to work with our firm and I am confident our new relationship will serve as a strong enabler for StatoilHydros’ global growth plans.”

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.”

StatoilHydro ASA was formed by the 2007 merger of Statoil with the oil and gas division of Norsk Hydro. StatoilHydro is one of the largest offshore oil and gas companies in the world and the largest company by revenue in the Nordic region. The company is a fully-integrated petroleum company with production operations in 13 countries and retail operations in eight countries.


Contact Details and Archive...

Print this page | E-mail this page

https://www.dettol.co.uk/
https://www.floorbrite.co.uk/


MOST VIEWED...

View more articles
Article image

PPE regulations to be extended from April

According to the Health and Safety Executive (HSE) the Personal Protective Equipment at Work (Amendment) Regulations 2022 (PPER 2022) will come into effect...
Article image

Launch of PFM Partnership Awards 2022 categories

With the categories for the PFM Partnership Awards 2022 now live, entries can be submitted at any time between now and the deadline of Wednesday, 11 May....
Article image

Center Parcs goes cashless with Systopia

Systopia, which deals with cashless payment systems, has secured a contract with UK Short Break Operator Center Parcs to provide cashless payment systems i...
Article image

Issues of back flushing PIC valves explained

The popularity of Pressure Independent Control (PIC) valves over the last few years has significantly increased and now are the popular choice of many syst...
Article image

Why the Law Says You Need a Nappy Bin Disposal Service

At home, parents are used to disposing of their babies’ used nappies the same way they do any other domestic waste - bagging it up and sticking it in the r...
https://www.uhubglobal.com/