News

North American Retailers Expand Most Aggressively. London Retains Number One Position for Overall Retailer Representation. Hong Kong is the world’s hottest retail market, attracting significantly more new entrants than any other city, according to the 2013 edition of How Global is the Business of Retail? by leading global property advisor CBRE. CBRE’s annual survey, now in its sixth year, maps the...

Historically Low Construction Rates Drive Record Rents in Global Retail Markets. Hong Kong is the world’s most expensive global retail market as wealthy Chinese tourists, luxury retailer expansion and a shortage of prime space drive rents to record highs, according to new research from global property advisor CBRE Group, Inc. (CBRE). CBRE’s quarterly survey, which tracks the top 10 most expensive...

Consumer Demand for Luxury Goods and Shortage of Prime Property Fuels Rents in Gateway Markets. Hong Kong ranks as the world’s most expensive prime retail market as international brands aggressively compete for limited prime locations, according to new research from global property advisor CBRE Group, Inc. (CBRE). Global retail prime rents remain high in key gateway markets due to strong flows of...

European Property Investment Continues to Increase in Q3 2012.   The European commercial real estate market saw further polarisation in the third quarter of 2012 (Q3 2012) as investors continue to focus on stronger economies and prime property. However, the substantial price differential between prime and non-prime property is creating opportunities elsewhere in the region for value-add investors,...

Global office real estate values and rents were largely unchanged in Q3 2012, according to CBRE Group, Inc. The CBRE Global Office Capital Value Index ticked up in Q3 with a gain of 0.6%, while the CBRE Global Office Rent Index edged down slightly in Q3, falling 0.07%. Americas’ office property values and rents improved during the quarter, but could not fully make up for weakness in EMEA and Asia...

Highest Quarterly Total Reported in 2012 as Market Grows to €7.1 billion. European retail property investment grew to €7.1 billion in the third quarter of 2012 (Q3 2012) - a 12% increase over Q2 2012, and the highest quarterly total so far this year, according to the latest research by global property advisor CBRE. The Q3 2012 figure is 18% down on both the Q3 2011 level and that for the last thre...

UK Accounts for 42% of All Transactions in Europe in Q3 2012 Continued strong activity in central London was the main driver of a 15% increase in commercial real estate investment volumes in Europe in Q3 2012, according to CBRE Group, Inc. (CBRE). During the period, investment transactions totalled €28.4 billion, compared with €24.7 billion in Q2 2012. This volume is almost back to that seen in Q3...

When Completed in 2015, Iconic Tower Will be One of the Most Renowned Commercial Properties in China and Around the World. CBRE Group Inc. (NYSE:CBG) announced that it has been selected by Shanghai Tower Construction & Development Co., Ltd. to provide property management consultancy services for the iconic Shanghai Tower—a 2,073-ft. (632-m.) super-tall skyscraper currently under construction in th...

CBRE Secures Global, Regional and Local Accolades in International Survey CBRE Group, Inc. has been named the top global real estate advisor and consultancy firm in the 2012 Euromoney Real Estate Awards. This is the fifth time in eight years that CBRE has won the prestigious award. Euromoney, a leading international finance publication, annually surveys its readers – corporate and financial-decisi...