Knotel: Why we severed ties with CBRE

COMMENT: It is fair to say the recent news about CBRE planning to enter the flexible office market has not been welcomed by everyone, myself included, says Amol Sarva, co-founder and chief executive of Knotel. At the heart of the industry’s reaction is a perceived conflict of interest with CBRE’s existing advisory services which prompted several providers, including us, to sever business ties with the company. That these providers preferred to be represented by brokers who do not compete with them in other areas makes perfect business sense. What may be less easy to understand is why a traditional real