Continental Europe, EMEA
CBRE Acquires Green Soluce SAS to Enhance ESG Advisory Services Capabilities in France and Continental Europe
June 20, 2022
Media Contact
Yvonne Ehinger
Head of Marketing & Comms, Sweden & Nordics
CBRE today announced the acquisition of Green Soluce SAS, which enhances its environmental, social and governance (ESG) advisory services capabilities in France and Continental Europe.
Green Soluce provides ESG advice on real estate matters to public and private sector clients in France. Its expertise covers four areas: Advisory, Learning, Sustainable Finance and Content. The business, based in Paris, is led by CEO Ella Etienne-Denoy, who has a strong reputation as an ESG leader in the real estate market.
Marco Hekman, CBRE’s Divisional President, Advisory Services, Continental Europe, commented: “The acquisition of Green Soluce is part of our strategy to further strengthen our ESG advisory capabilities across Continental Europe. We are delighted to welcome Green Soluce and to provide both existing and new clients with an even more extensive service offering.”
Fabrice Allouche, President, CBRE France, continues: “The acquisition of Green Soluce is the latest example of CBRE's commitment to deepening our ESG expertise and expanding our ESG offerings to help companies roll out sustainable transformations. We look forward to welcoming our new colleagues and introducing them to our clients, who have a strong appetite for ESG advice and services.”
Ella Etienne-Denoy, CEO of Green Soluce, commented: “CBRE is the global leader in corporate real estate, and we are truly excited about the opportunity to join the team. We look forward to working collaboratively with CBRE to serve clients and grow our business in ESG. Our combined expertise will allow us to scale up and offer a wider range of clients a new level of strategic advice and services for a more efficient and impactful sustainable transformation.“
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2021 revenue). The company has more than 105,000 employees (excluding Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.
Forward-Looking Statements
Certain of the statements in this release regarding acquisition of Green Soluce SAS that do not concern purely historical data are forward-looking statements within the meaning of the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are made based on our management’s expectations and beliefs concerning future events affecting us and are subject to uncertainties and factors relating to our operations and business environment, all of which are difficult to predict and many of which are beyond our control. Accordingly, actual performance, results and events may vary materially from those indicated in forward-looking statements, and you should not rely on forward-looking statements as predictions of future performance, results or events. Numerous factors could cause actual future performance, results and events to differ materially from those indicated in forward-looking statements, including, but not limited to, the ability to integrate Green Soluce SAS with CBRE’s existing service offerings in France and Continental Europe, as well as other risks and uncertainties discussed in our filings with the U.S. Securities and Exchange Commission (SEC). Any forward-looking statements speak only as of the date of this release. We assume no obligation to update forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting forward-looking information, except to the extent required by applicable securities laws. If we do update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements. For additional information concerning factors that may cause actual results to differ from those anticipated in the forward-looking statements and other risks and uncertainties to our business in general, please refer to our SEC filings, including our Form 10-K for the fiscal year ended December 31, 2021, and Form 10-Q for the quarter ended March 31, 2022. Such filings are available publicly and may be obtained from our website at www.cbre.com or upon request from the CBRE Investor Relations Department at [email protected].
Green Soluce provides ESG advice on real estate matters to public and private sector clients in France. Its expertise covers four areas: Advisory, Learning, Sustainable Finance and Content. The business, based in Paris, is led by CEO Ella Etienne-Denoy, who has a strong reputation as an ESG leader in the real estate market.
Marco Hekman, CBRE’s Divisional President, Advisory Services, Continental Europe, commented: “The acquisition of Green Soluce is part of our strategy to further strengthen our ESG advisory capabilities across Continental Europe. We are delighted to welcome Green Soluce and to provide both existing and new clients with an even more extensive service offering.”
Fabrice Allouche, President, CBRE France, continues: “The acquisition of Green Soluce is the latest example of CBRE's commitment to deepening our ESG expertise and expanding our ESG offerings to help companies roll out sustainable transformations. We look forward to welcoming our new colleagues and introducing them to our clients, who have a strong appetite for ESG advice and services.”
Ella Etienne-Denoy, CEO of Green Soluce, commented: “CBRE is the global leader in corporate real estate, and we are truly excited about the opportunity to join the team. We look forward to working collaboratively with CBRE to serve clients and grow our business in ESG. Our combined expertise will allow us to scale up and offer a wider range of clients a new level of strategic advice and services for a more efficient and impactful sustainable transformation.“
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2021 revenue). The company has more than 105,000 employees (excluding Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.
Forward-Looking Statements
Certain of the statements in this release regarding acquisition of Green Soluce SAS that do not concern purely historical data are forward-looking statements within the meaning of the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are made based on our management’s expectations and beliefs concerning future events affecting us and are subject to uncertainties and factors relating to our operations and business environment, all of which are difficult to predict and many of which are beyond our control. Accordingly, actual performance, results and events may vary materially from those indicated in forward-looking statements, and you should not rely on forward-looking statements as predictions of future performance, results or events. Numerous factors could cause actual future performance, results and events to differ materially from those indicated in forward-looking statements, including, but not limited to, the ability to integrate Green Soluce SAS with CBRE’s existing service offerings in France and Continental Europe, as well as other risks and uncertainties discussed in our filings with the U.S. Securities and Exchange Commission (SEC). Any forward-looking statements speak only as of the date of this release. We assume no obligation to update forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting forward-looking information, except to the extent required by applicable securities laws. If we do update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements. For additional information concerning factors that may cause actual results to differ from those anticipated in the forward-looking statements and other risks and uncertainties to our business in general, please refer to our SEC filings, including our Form 10-K for the fiscal year ended December 31, 2021, and Form 10-Q for the quarter ended March 31, 2022. Such filings are available publicly and may be obtained from our website at www.cbre.com or upon request from the CBRE Investor Relations Department at [email protected].