News

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...

Russell Investments Center in Seattle Trades for $480MSEATTLE, Wash. (April 20, 2012) -- CBRE announced the sale of Russell Investments Center in Seattle for $480 million, the largest single asset office sale in the Western United States since 2006. The seller of the 872,026 square foot, Class A+ office building was Northwestern Mutual, the financial security company headquartered in Milwaukee tha...

CBRE Group, Inc. today announced that it has won the 2012 Large Cap Public Company Growth Award from the Association for Corporate Growth (ACG) of Los Angeles. The award recognizes Los Angeles-based companies with a market capitalization greater than $1 billion that have exhibited consistent, sustainable and profitable growth while demonstrating outstanding performance and leadership in their indu...

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...

Retailers Still Expanding Despite Challenging Consumer Market - UK Retains Number One Position as Most Targeted Country - North American Retailers Continue to Expand Aggressively. London has reclaimed the number one position as the most targeted market for international retailers, according to the 2012 edition of How Global is the Business of Retail? by leading global property adviser CBRE. CBRE’s...

CBRE has scooped two of the key commercial awards at the 2012 REIA National Awards for Excellence. CBRE Senior Director, Institutional Investment Properties, Mark Coster was named Commercial Salesperson of the Year while CBRE’s Deborah Bishop - General Manager of Brisbane’s landmark Waterfront Place tower - was named Commercial Property Manager of the Year. The REIA awards recognise achievement an...