Automative parts distributor LKQ Europe has appointed CBRE as its exclusive European real estate adviser on a five-year contract, effective 1 January 2026.
As part of its new mandate, CBRE will be responsible for a portfolio comprising 20m sq ft and will provide a suite of core services including account management, lease administration and brokerage.
This is in addition to a range of strategic services including organisational design, change management and the creation of a sustainability framework.
Claire Taylor, head of industrial and logistics occupier accounts at CBRE UK said: “CBRE’s scale allows us to provide clients with an enhanced service across the entire property lifecycle. Through our industrial and logistics occupier team, we’ve delivered a sector-focused solution to support LKQ’s strategic real estate goals. As a forward-thinking business in the automotive industry, we’re proud to be partnering with LKQ in its continued growth.”
Michael Baker, VP global real estate at LKQ Corporation, added: “Partnering with CBRE across Europe is a major step forward. By bringing our operations into one framework, we’ll gain better data, consistency and insight – allowing us to make informed decisions and deliver more value to our business.”
