Shell chooses CBRE for further expansion

This year Shell closed the acquisition of Neste Oil’s chain of 105 such properties in a transaction valued at app. EUR 80 mln. CBRE has represented Shell over the last four years with portfolio management, the sale of properties and cooperation with external partners. “Poland is a key market for Shell in the expansion of its petrol stations. The acquisition of Neste Polska is a testimony of this as well as the company’s organic growth through the development of Shell’s new gas stations,” said Aleksander Nowak, the CEE director of property management at Shell.