Competing with CBRE or its clients, either personally or by aiding a competitor, is strictly prohibited. Using your contacts or position within the Company to advance our own business or financial interests in competition with CBRE or its clients is improper.
Through your position at CBRE you might become aware of an opportunity to provide a service or make an investment that could have been provided or made by CBRE itself. As employees, we owe CBRE an undivided duty to advance its business interests when the opportunity to do so arises. Accordingly, if you become aware of an opportunity that could be provided to CBRE, you must disclose it to your manager or a member of senior management so that CBRE can evaluate it. Only if CBRE has declined the opportunity (in writing) are you permitted to act on it or yourself personally (or for a family member).
In addition, the use of CBRE or client resources or vendors, suppliers or subcontractors to perform work at your personal residence, a family member's residence or for you or a family member's outside business may occur only with prior approval of the senior management in your business unit.
Because your personal ownership of certain types of real estate poses both legal and reputational ramifications to CBRE, we have established clear policies regarding employee ownership of real property and participation in aspects of the real estate markets.