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.
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.