Photo of Sandeep Davé Davé says Kahua holds ‘the potential to unlock significant efficiencies, data and insights.”

LOS ANGELES—CBRE Group Inc. and Kahua have entered into a global, strategic agreement whereby CBRE will use Kahua to manage a wide range of projects across its global client base. The agreement between CBRE and the Alpharetta, GA-based project management firm, which utilizes a cloud-based platform, calls for CBRE to make an equity investment in Kahua and to put an executive on its board of directors.

Through the long-term agreement, CBRE and Kahua will continue to jointly develop application technology to address the requirements of real estate occupiers, owners, contractors, architects and engineers operating within the project management supply chain. CBRE has already launched projects in the Kahua Network with clients in markets across the Americas, EMEA and Asia Pacific regions, and currently is training over 5,000 project managers worldwide on the platform.

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Paul Bubny

Paul Bubny is managing editor of Real Estate Forum and He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.

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