CBRE INDIA Launches FM Compass, Integrated Platform For Facility Management

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    A modular Facilities Management offering to suit all organizations – the 90% un-serviced market of MSMEs and the large Indian Conglomerates

    New Delhi, 24 September 2020: CBRE South Asia Pvt. Ltd., – world’s largest real estate consulting firm – today announced the launch of “FM Compass” – an integrated platform, which has an ability to meet the diverse facility management requirements for the entire spectrum of clients ranging from Small and Medium Scale Enterprises (SMEs) to Conglomerates, across the
    country.

    The platform is especially designed for organization seeking ‘modularity’ and ‘right-fit’ for their business models. The integrated activities provided under its umbrella include are further enhanced with offerings such as Quality audits, Digital catalogue for FM supplies, Concierge services for employees, Supply Chain support, Maintenance and Workplace well-being solutions.

    Commenting on the launch of “FM Compass”, Mr. Anshuman Magazine,
    Chairman, India & South East Asia, Middle East & Africa, CBRE
    said, “FM Compass is another step to ensure that the value propositions offered by CBRE’s Facilities Management team is availed by businesses of all scales and sizes.

    Mr. Anshuman Magazine, Chairman & CEO - India, South East Asia, Middle East & Africa, CBRE
    Mr. Anshuman Magazine, Chairman & CEO – India, South East Asia, Middle East & Africa, CBRE

    MSMEs have always been integral to the overall performance of our
    economy and it is a matter of immense pride that with FM Compass we will be able to collaborate meaningfully with them enabling them to demonstrate global standards in their workplace practices. We will continue to contribute in making the entire ecosystem more efficient, robust and objective driven.”

    Rajesh Pandit, Managing Director, India, Middle East and North Africa, CBRE further added,

    “With the launch of the CBRE FM compass, we are bringing to the market an exclusive offering which will cover a large section of MSMEs currently not benefitting from outsourced FM operations and will bring them under the ambit of professional FM services of global standards.”

    With this new offering, CBRE also aims to cross-leverage its global expertise in facilities management with locally available solutions and help businesses in reducing their costs, manhour spends and achieve a more streamlined operation. Clients can also get their facilities audited and certified by CBRE at regular intervals and explore areas for further improving their man-hour spends, monthly maintenance expenses and other miscellaneous expenditures.

    According to government data, the number of MSMEs in the country increased by almost 18 percent to more than 25 lakh units in 2019 and the sector is the second largest employer in the country after agriculture. Comprising of companies working in the area of manufacturing, food
    processing, chemical, IT, agriculture equipment etc. – MSME sector has also played a key role in generating rural employment and bridging the urban-rural divide in the country.

    About CBRE Group, Inc.

    CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2019 revenue). The company has more than 100,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 530 offices (excluding affiliates) worldwide.

    CBRE was the first International Property Consultancy to set up an office in India in 1994. Since then, the operations have grown to include more than 10,000 professionals across 10 offices with a presence in over 80 cities in India. As a leading international property consultancy, CBRE provides clients with a wide range of real estate solutions, including Strategic Consulting, Valuations/Appraisals, Capital Markets, Agency Services and Project Management.

    The guiding principle at CBRE is to provide strategic solutions that make real estate holdings more productive and economically efficient for its clients across all service lines. Please visit our website at https://www.cbre.co.in/.

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