Nokia Siemens Networks' Real Estate Appoints Newmark Grubb Knight
Frank Global Corporate Services as its Global Corporate Real Estate
Supplier
NEW YORK, Nov. 20, 2012 /PRNewswire/ -- Nokia Siemens
Networks, the world's specialist in mobile broadband, has selected
Newmark Grubb Knight Frank (NGKF) as its sole global corporate real
estate supplier. Newmark Grubb Knight Frank Global Corporate
Services will collaborate with the real estate team at Nokia
Siemens Networks to provide industry-leading real estate solutions
to meet its business needs at a competitive real estate cost.
Services will include Global Account Management, Technology
Integration, Transaction Management and Facilities Management in
over 100 countries where Nokia Siemens Networks operates. The
framework contract duration is five and half years and was signed
on November 13, 2012.
(Logo: http://photos.prnewswire.com/prnh/20120821/MM60819LOGO
)
The global head of real estate for Nokia Siemens Networks,
Peter Doran, commented on the
comprehensive evaluation and decision process undertaken through
which Newmark Grubb Knight Frank
proved successful. "Newmark Grubb Knight
Frank is demonstrating clear commitment by generating
considerable cost savings, optimizing the supply chain and offering
proven technology through its Global Corporate Services
platform."
"We are extremely excited to be selected by Nokia Siemens
Networks, which has a progressive philosophy and vision for its
real estate," said Newmark Grubb Knight Frank Global Corporate
Services Chairman Michael
Ippolito.
This appointment is the most recent indicator of the
contribution to Newmark Grubb Knight
Frank's expansion through parent company BGC Partners,
Inc.'s acquisition of the assets of Grubb & Ellis and its
investment in proprietary technology and talented
professionals.
About Newmark Grubb Knight Frank
Newmark Grubb Knight Frank is one of the largest
commercial real estate service firms in the U.S. and together with
its affiliates and London-based
partner Knight Frank employs over 11,000 professionals operating
from more than 300 offices globally, with over 680 million square
feet under management. A major force in the real estate
marketplace, Newmark Grubb Knight
Frank is meeting the local and global needs of tenants,
owners, investors and developers worldwide. For further
information, visit www.newmarkkf.com.
Newmark Grubb Knight Frank is a
part of BGC Partners, Inc. (NASDAQ:BGCP), a leading global
brokerage company primarily servicing the wholesale financial and
real estate markets. For further information, visit
www.bgcpartners.com.
Newmark Grubb Knight Frank Global Corporate Services is an
integrated global platform which provides beginning-to-end
corporate services solutions to clients on an international level.
Operating from New York,
London and Hong Kong, Newmark Grubb Knight Frank Global
Corporate Services combines strategy and execution within a unified
team, integrating skill sets, technology tools and analyses
typically performed by various consulting, real estate,
architecture, and project management organizations.
Discussion of Forward-Looking Statements by BGC
Partners Statements in this press release regarding
BGC Partners' business that are not historical facts are
"forward-looking statements" that involve risks and uncertainties.
For a discussion of additional risks and uncertainties, which could
cause actual results to differ from those contained in the
forward-looking statements, see BGC Partners' Securities and
Exchange Commission (SEC) filings, including, but not limited to,
the risk factors set forth in our public filings, including our
most recent Form 10-K and any updates to such risk factors
contained in subsequent Form 10-Q or Form 8-K
filings.
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Press Contact:
Mira Matic
973.461.9005
mira@miramaticpr.com
SOURCE Newmark Grubb Knight
Frank