Australia: Government names companies to manage its portfolio
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The federal government has tapped a series of new providers to manage the commonwealth’s property portfolio as it looks to drive greater efficiencies across its holdings.
The government appointed two global groups, Broadspectrum Property and JLL, alongside local firm and Evolve FM, to provide leasing and facilities management services to more than 90 commonwealth entities. The move sees one of the incumbent providers, Cushman & Wakefield, lose a slice of government work, but it has broad-based corporate services businesses.
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Source : Australia: Government names companies to manage its portfolio