Tech investing
CBRE has bought technology company Mainstream Software to expand its occupier offering. Mainstream provides mobile and software technology for facilities management operations and has more than 90,000 users in 50 countries. Chandra Dhandapani, CBRE’s chief digital and technology officer, said: “Owning a suite of key enablement technologies is a key part of CBRE’s strategy.”
Political pause
Some 56% of European real estate investors would delay plans to sell property if Marine Le Pen’s far-right party wins the French election, according to Intertrust. Almost half (48%) said they would rethink their disposal strategies depending on the result of the German Federal Election on 24 September.
Leeds take-up
Leeds office take-up in the first quarter of 2017 reached 104,936 sq ft – a 4.3% fall on Q4 2016, according to the Leeds Office Agents’ Forum . Two major requirements accounted for almost half the take-up in Q1: Willis Towers Watson’s letting of 25,968 sq ft at MEPC’s 5 Wellington Place and BW Legal’s letting of 1 Apex View, the only other Leeds deal over 20,000 sq ft recorded in Q1.
C&W promotions
Cushman & Wakefield has promoted 53 staff to partner across its EMEA business. EMEA chief executive John Forrestor said: “They are trusted partners and future leaders who excel both in generating and executing business and in inspiring and supporting their teams.”
TechTalk Radio
Tune in to episode three to find out the latest in proptech and why space as a service really matters: estatesgazette.podbean.com/e/techtalk-radio-branding-bim-and-buble/
