• Prelios and iCORE Global establish an international real estate services network
• The partnership agreement takes effect in November 2014
• Through this collaboration, Prelios will be present in key global markets as a full-service provider and will be able to support corporate clients on-site

Hamburg/Milan, October 13, 2014 – The Europe-wide Prelios Group has signed a strategic agreement with iCORE Global, a leading international real estate services provider based in the United States. The two companies will collaborate globally, granting Prelios Integrated Services—a strategic division of the Prelios Group—direct access to over 60 countries worldwide, enabling it to offer iCORE Global’s services to its clients.

Founded in 1985, iCORE Global is the eighth-largest brokerage firm in the world, with a total transaction volume exceeding $47.5 billion globally in 2013.

Massimo Caputi, Deputy Chairman of Prelios, commented:
“We are proud of this important partnership with such a key player in the real estate industry. Thanks to this agreement, we can offer our services to the largest internationally active Italian companies and help them manage their real estate affairs with a single provider. This gives us a strong presence in Central and Eastern Europe, the USA, South America, and South and East Asia.”

Martin Mörl, Managing Director of Prelios Deutschland, added:
“This cooperation provides direct access to the world’s most important real estate markets, allowing us to better support German real estate companies in their international investment strategies.”

Samantha Mueting, Managing Director and CEO of iCORE Global, stated:
“We are excited to have found a partner that is highly active in the European market—a market where we plan to expand further in the coming months. iCORE Global operates in over 301 cities across 63 countries, and we are confident that this partnership will help us continue to grow.”

Prelios Integrated Services offers a comprehensive range of real estate services, including transaction management, leasing, financial advisory, property and project management, and valuations. This division also includes Prelios Deutschland GmbH, which provides full-service real estate solutions for institutional and private investors, covering asset and portfolio management, leasing, property and project management, transaction services, development, and comprehensive shopping center management.

Piercarlo Rolando, Director of Prelios Integrated Services, highlighted:
“For Prelios, this agreement marks a new beginning in the brokerage and agency business, with a particular focus on corporate clients. We are building on an already established network in 15 European countries.”

The partnership agreement was signed on October 7, 2014, at Expo Real in Munich and will take effect in November 2014.