CBRE Group announced a new company division Oct. 31 that aims to pair property owners with businesses that need office space for a short time.

The downtown-based outfit, which bills itself as the world’s largest commercial real estate firm based on 2017 revenue, has created Hana, a wholly owned subsidiary, that will, “help institutional property owners meet the rapidly growing demand for flexible office space solutions,” according to a press release.

These offerings will include, “conference room and event space that can be rented on an hour, daily or weekly basis,” as well as, “traditional co-working space.”

The division will launch at the beginning of 2019 and be headed by Andrew Kupiec, who joined CBRE after he was chief operating officer for Zipcar.

Media and entertainment reporter Matthew Blake can be reached at (323)556-8332 or mblake@labusinessjournal.com