News

New Development Aims to Meet Demand for Modern Shopping Centre Units. New shopping centre development in Europe is expected to increase by a quarter in 2012 to meet retailer demand for modern, high quality retail space, according to the latest research by global property advisor CBRE. CBRE’s Shopping Centre Stock in Europe research examines existing shopping centres and those under construction in...

European Retail Investment Increases from Q1 2012 to €6.13bn in Q2 2012. Investors in European retail property continue to focus on quality assets, with a number of major High Street transactions taking place in the second quarter of 2012 (Q2 2012). The deals highlight the strength of demand for core retail as evidence of weakness in secondary retail segments comes to the fore, according to the la...

CBRE Group, Inc. (NYSE:CBG) today reported strong revenue and earnings growth for the second quarter ended June 30, 2012.• Revenue for the quarter totaled $1.6 billion, an increase of 13% from $1.4 billion in the second quarter of 2011.• Excluding selected charges1, net income2 totaled $88.0 million, or $0.27 per diluted share, for the current quarter, up 31% and 29%, respectively, from $67.0 mill...

Chicago, IL – More than 300 CBRE professionals from the U.S., Canada and Latin America came together in Chicago earlier this month for CBRE Group Inc.\'s (CBRE) 12th annual Women\'s Networking Forum. The 2012 conference, the largest in the CBRE Women\'s Network\'s history, featured presentations from the company\'s executives and external business leaders; professional-development workshops and di...

Los Angeles – CBRE Group Inc. (NYSE:CBG) has been named to the FORTUNE 500 list of the largest U.S.-based companies for the fifth straight year. CBRE remains the only commercial real estate services firm ever included in the FORTUNE 500. “Our success is built on a foundation of insight, collaboration, global resources and best-in-class client service,” said Brett White, Chief Executive Officer of...

Office Investment Exceeds Retail Investment to Reverse Three Year Trend. Total Commercial Property Investment Reaches €23.8bn in Q1 2012. An increasing supply of good quality office property coming to the market and strong demand from investors meant that the office sector accounted for half of the European commercial property investment in the first quarter of 2012 (Q1 2012), according to the lat...

National Real Estate Investor, the leading magazine for professional real estate investors, has ranked CBRE Group, Inc. (NYSE:CBG) the No. 1 U.S.-based commercial real estate brokerage firm for the ninth year in a row. The ranking, featured in the publication’s April 2012 issue, is based on the aggregate value of sales and leasing transactions completed globally during 2011. CBRE was responsible f...

CBRE Group, Inc. (CBRE) announced today that 722 million square feet of commercial property it manages for clients participated in WWF’s Earth Hour 2012, representing an estimated 26 million building occupants worldwide. This year’s total broke CBRE’s previous global record and surpassed the company’s goal of 500 million square feet. Considered the largest environmental event in history, Earth Hou...

Industrial Availability Drops To 13.4% Retail Availability Stays Steady At 13.1% Strong Demand Reduces Apartment Vacancy To 5.1% The U.S. office vacancy rate remained unchanged in the first quarter (Q1) of 2012 at 16%, according to the latest analysis from CBRE Econometric Advisors (CBRE-EA).The national industrial availability1 rate dropped 20 basis points (bps) during Q1 2012 to 13.4%, continuin...