CBRE has exited our real estate services office in Moscow and terminated two affiliate relationships in Russia. We continue to have a limited number of employees in Russia who manage facilities and provide other essential services for existing multinational clients, consistent with our contractual obligations.
Following our exit from Russia local management will operate as an independent company providing certain advisory, transaction management, project management and facility management services. This company will be no longer affiliated with CBRE. They have informed us that they can be contacted at www.rentnow.ru or +7495 258 3990.