Vodafone has consolidated its property management, awarding preferred supplier status to four property consultants to help improve its international operational efficiencies.

Following a competitive tender process, Colliers International, Cushman & Wakefield, DTZ and Jones Lang LaSalle, will handle all Vodafone’s real estate management for more than 20 markets across mainland Europe, Central Europe and Africa, the Middle East and Asia Pacific.

The agreements cover the transactional work for Vodafone’s portfolio of more than 3,000 properties, including network centres, offices, call centres and retail outlets as well as administration of real estate management in some markets.

Billy Davidson, Group Property Director of Vodafone Group Plc, said, ”Vodafone is the world’s leading mobile communications group and has properties in many different geographical regions. Having selected agents with suitable international coverage, we negotiated at a country level with the agents to ensure best prices and service models. Global discounts were then negotiated with the corporate offices by Vodafone at a Group level, which is in line with our global reach with local roots philosophy.”