France
CBRE Acquires workINprogress to Enhance Workplace and Change Management Services across Continental Europe
June 5, 2023
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CBRE today announced the acquisition of workINprogress (WiP), a company specialised in workplace strategy and change management services based in France.
WiP provides strategic consultancy focused on helping occupiers to optimise workplace experience and employee engagement. They support large public and private sector organizations, working with Chief Employee Experience Officers, Human Resources Development executives, Transformation Directors and Real Estate Directors. The business is based in Paris and led by the founders and co-Managing Directors, Lynda Pariot and Ghislain Grimm.
Marco Hekman, CBRE’s Divisional President, Advisory Services, Continental Europe, commented:
“WiP enhances our strategy to strengthen our workplace advisory capabilities across Continental Europe. We are delighted to welcome WiP and to provide both existing and new clients with an even more extensive and value-add service offering.”
Fabrice Allouche, President, CBRE France, said:
“WiP is a highly regarded workplace advisor that is completely aligned with our commitment to providing world-class workplace services. The acquisition will enhance our offering, putting us in an even stronger position to serve our clients’ growing needs. We look forward to introducing our new colleagues to our clients.”
Lynda Pariot co-Managing Director of WiP, commented:
“CBRE is the global leader in corporate real estate, and we are truly excited about the opportunity to join the team. We have seen an increased demand for our services, and we have found the right partner in CBRE to deliver added value to our clients.”
Forward-Looking Statements
Certain of the statements in this release regarding the acquisition of workINprogress 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 workInprogress with CBRE’s existing service offering in 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, 2022 and our Form 10-Q for the period ended March 31, 2023. 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].