Press Release
LKQ Appoints CBRE as Exclusive European Real Estate Advisor
November 3, 2025
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LKQ is the leading distributor of automotive aftermarket parts for cars, commercial vans, and industrial vehicles in Europe. It currently employs approximately 26,000 people with a network of more than 900 branches. The organization supplies more than 100,000 independent workshops in over 18 European countries.
As part of its new mandate, CBRE will be responsible for a portfolio comprising 20m sq ft and will provide a suite of core services including account management, lease administration and brokerage. This is in addition to a range of strategic services including organisational design, change management, and the creation of a sustainability framework; all designed to support LKQ in the evolution of their Corporate Real Estate strategy.“Partnering with CBRE across Europe is a major step forward. By bringing our operations into one framework, we’ll gain better data, consistency, and insight — allowing us to make informed decisions and deliver more value to our business.” – Michael Baker, VP Global Real Estate, LKQ Corporation.CBRE’s scale allows us to provide clients with an enhanced service across the entire property lifecycle. Through our Industrial & Logistics Occupier team, we’ve delivered a sector-focused solution to support LKQ’s strategic real estate goals. As a forward-thinking business in the automotive industry, we’re proud to be partnering with LKQ in its continued growth.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE: CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm and a premier provider of critical infrastructure services. The company has more than 155,000 employees serving clients in more than 100 countries. CBRE serves clients through four business segments: Advisory (leasing, sales, debt origination, mortgage servicing, valuations); Building Operations & Experience (facilities management, property management, flex space & experience, critical infrastructure); Project Management (program management, project management, cost consulting); Real Estate Investments (investment management, development). Please visit our website at www.cbre.co.uk.