CBRE Partners with Deepki for Sustainability

CBRE Group's property management division has entered into a worldwide strategic collaboration with Deepki. As a result of this partnership, CBRE will deploy Deepki Ready, a comprehensive landlord-focused sustainability data intelligence platform, to the commercial properties it manages on behalf of global investors.

After using Deepki to manage properties in the United Kingdom for over two years, CBRE is now implementing the platform across its managed properties in Continental Europe, with plans to expand to the Americas and the Pacific region as part of a global launch.

Additionally, CBRE has a unique reseller agreement with Deepki that enables them to provide Deepki Ready directly to their property management clients in Asia Pacific and the Americas.

Emma Buckland, Global President of Property Management at CBRE, stated that property owners are increasingly relying on CBRE for assistance in achieving their decarbonisation and other sustainability objectives. She added that Deepki is a top sustainability data intelligence platform for the real estate industry, providing valuable insights that will allow CBRE's teams to make informed decisions at the building level. This will assist them in incorporating sustainable best practices and delivering genuine value to the properties they manage globally.

Deepki operates in over 50 countries and offers a platform that enables customers to collect energy, water, and waste consumption data, obtain a comprehensive view of environmental performance at the portfolio and asset level, create investment plans to achieve net zero, and track results. The platform's features make it an excellent option for meeting stringent regulatory requirements and voluntary sustainability initiatives.

Vincent Bryant, CEO and co-founder of Deepki, expressed his satisfaction with the new collaboration, saying that the partnership with CBRE, a respected name in the real estate industry, is a significant step towards addressing climate change and meeting net-zero targets. He also mentioned that it marks a vital stage in Deepki's market strategy, particularly in the Americas and the Asia Pacific region.

According to reports, buildings account for roughly 40% of global carbon emissions, and many multinational corporations and institutional investors, such as CBRE, have committed to achieving net-zero emissions by 2040 in response to the global effort to combat climate change.

Deepki secured €150 million in a Series C funding round in March 2022, with Highland Europe and One Peak Partners jointly leading the investment. Bpifrance, Revaia, Hi Inov, Demeter, and Statkraft Ventures are among the other investors.

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Source: CBRE