CBRE Valuation & Advisory Services secures ISAE 3402 Type II
The CBRE Nederland Valuation & Advisory Services team recently brought its ISAE 3402 Type II project to a successful conclusion. The audit was conducted by KPMG over a one-year period. The ISAE report demonstrates that CBRE has applied the processes and management measures described in the report throughout the period concerned.
The audit for ISAE 3402 Type II involved investigating how the Valuation & Advisory Services team manages its processes. In addition, risk management and information security were important factors. The audit of CBRE resulted in an assurance report demonstrating that internal processes were just as described in the ISAE report throughout the period.
High quality standard
“We are pleased to have completed this process with the entire team. Everyone contributed to it,” says Roderick Smorenburg, Senior Director Valuation & Advisory Services. “This shows that the valuation process is carried out in accordance with the processes described in the ISAE report. It enhances the transparency of our working procedure and confirms our high quality standard. Our partners can be assured that they can count on us to deliver quality work.”
Projects and services
The CBRE Valuation & Advisory Services team is made up of around 50 people who work on commercial real estate valuations on a daily basis. The team is divided into sector teams, such as offices, logistics, special markets, residential, retail and care. Read more about our projects and services.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2019 revenue). The company has more than 100,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 530 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.