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Cushman & Wakefield banks five-year deal with Standard Chartered

The global real estate services firm has been appointed by Standard Chartered Bank to provide services to support its Asia workplace transformation, and global asset and transaction management for the Bank’s 11 million square foot global real estate portfolio for a five-year term.

Taking effect from 1 July 2024, the contract will encompass global asset and transactions management and property services across Asia, including integrated facilities management, project and design management services, space planning, occupancy management, health, safety and wellbeing and physical security.

In support of delivering a best-in-class corporate, investment, wealth and retail banking experience, Cushman &Wakefield will be key in accelerating the Bank’s client strategy across its physical and digital networks. In partnership with the Bank’s Wealth and Retail Banking (WRB), and Corporate & Investment Banking (CIB) arms, the contract will look towards supporting the local and international banking needs of its clients.

In addition to supporting Property’s 2025 Scope 1 and 2 net-zero commitments, Cushman & Wakefield will be a key partner in driving the sustainability agenda across the Bank’s footprint with a focus on Environmental, Social, and Corporate Governance (ESG) goals, optimising increased renewable energy and accelerating outcomes in partnership with external communities.

Commenting on the contract award, Aubrey Waddell, Chief Executive, Global Occupier Services, Cushman & Wakefield said: “We are delighted to partner with Standard Chartered Bank and thank them for placing their trust and confidence in us to help optimise their property performance and create efficiencies and experiences that support their business, people and sustainability objectives. Our teams around the world are committed to harnessing the full value and benefits of our global footprint, integrated GOS platform and technology capabilities to ensure we drive excellence across the Bank’s property portfolio.” 

Shelley Boland, Global Head, Property, Standard Chartered Bank said: 

“Our partnership with Cushman & Wakefield will be key to accelerating our property transformation agenda. As we continue to develop a sustainable real estate strategy across our global portfolio for long-term success, the focus remains on reimagining our employee and client experience. We are excited to strengthen joint capabilities to seize opportunities ahead and look forward to delivering excellence for the Bank and our clients in 2024 and beyond.”

Navigating FM efforts to sustainability 

As environmental protection demands unified action, transparency, and heightened awareness, Biological Preparations has launched an initiative to catalyse sustainability efforts within the FM sector.

FM businesses face unique challenges and heightened expectations of eco-initiatives from their clients. Yet, behind the scenes in FM businesses, many environmental initiatives, rollouts and even planning, are not broadcasted and transparent.

Have your say: Sustainability Trends in FM 

The UK biotech company’s five-minute, anonymous FM-focused survey, offers FM professionals of all hierarchies with a platform to voice their perspectives and share their experiences. The results from this survey will then be analysed and presented as an industry-specific report, which aims to guide FM businesses helping them benchmark trends, gain clarity on industry challenges, and map out goals and metrics towards sustainability.

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