Colliers International has won yet another big property-management task as Telecom giant BT has appointed the company to manage its worldwide property interests outside of Ireland and the UK.
As part of the deal, Colliers International’s corporate solutions team will manage more than 1,200 property interests across the world, everything except BT’s UK and Irish Republic properties. Colliers and BT already have a working relationship; Colliers has previously provided services to BT across the telecom company’s Americas region. The new contract lasts for three years.
Roger Barr, Head of Global Real Estate for BT, said, in a written statement, “We were impressed with Colliers’ strategic thinking, best-in-class tools, cultural alignment with our team and global reach.”
Colliers will provide a full range of services, including global property portfolio strategy, business intelligence technology, lease administration and transaction management.
The deal gives Colliers 15 million square feet of property interests across the globe to manage.