"This is a fantastic result and further evidence of DTZ's commitment to serving world-class clients such as Shell," says Paul Idzik, DTZ group CEO. "It demonstrates our ability to deliver unrivaled solutions combining deep local knowledge with global expertise. We look forward to helping Shell meet their business objectives in this area."

David Jones, a member of DTZ's occupier services team, will head up the account helping shell with property and transaction management throughout North America and Asia Pacific. DTZ's occupier services team has worked with more than 50% of the major companies throughout Europe such as Barclays, RBS, Vadofone, Yahoo! and DuPont.

"We are impressed with DTZ's approach to partnering with us to help achieve our targets and we look forward to developing a strong relationship with DTZ across these two important regions," says Carolyn Gomez, retail real estate manager for Shell.

A DTZ source tells GlobeSt.com the retail locations it will manage are located in Canada, the US, Singapore, Malaysia, Hong Kong, Pakistan, Thailand, Indonesia, The Philippines, Australia and New Zealand.

The deal is not typical, as fuel stations don't tend to outsource management instead opting to manage the locations with in-house teams based in the particular country. "Shell's action comes in response to further globalization of their operations, a drive for consistency, the need for best practice and to maximize value opportunities across the substantial portfolio, particularly high alternative value sites and strategic locations," according to the source.

Instant Insights /

DTZ To Manage 5,000 Shell Locations

Related Stories

Recommended For You