June 3, 2020 (Seoul, Korea) – CBRE Korea, a global commercial real estate services company, has signed a memorandum of understanding (MoU) regarding real estate construction development project cooperation with DONG IL Architects & Engineers.
Through this agreement, CBRE Korea will execute project management on construction development projects, while DONG IL Architecture & Engineers will provide services in architectural design, consulting/advising and construction supervision. The two parties are expected to create synergy in the real estate market by creating successful projects through joint participation and close cooperation.
Don Lim, Managing Director of CBRE Korea, remarked, “With this agreement, CBRE Korea and DONG IL Architecture & Engineers will actively leverage each other’s excellent expertise and competitiveness in the field to provide more advanced services to local and overseas clients. In particular, close cooperation between the two parties will serve as an opportunity to further strengthen our real estate construction development capabilities in the future.”
CBRE Korea, a local subsidiary of CBRE Group, the worlds’ largest commercial real estate services and investment firm, has 350 experienced real estate professionals in the market, providing top-notch real estate services by leveraging the firm’s extensive global network. DONG IL Architecture & Engineers, with more than 500 experts, provides architectural design, construction supervision, consulting/advisory and related services in response to the changing needs of the real estate development industry.
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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 offers a broad range of integrated 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.
