News

Global Rents Flat As Retailers Take Cautious Approach to Expansion in Q3 2011 New York City remains the world’s most expensive shopping destination as retailers focus on the major fashion capitals, but as the Eurozone crisis continues to impact consumer confidence, rents have leveled off in all global regions in the third quarter of 2011, according to new research from CBRE Group, Inc. “Retailers...

Logistics operators and retail distributors drive occupier demand Global industrial rents have continued to grow, according to new research from CBRE, as a lack of significant new development has fueled global growth in prime industrial rents in 2011 and will underpin continued rent increases over the next two years. Despite a weak economic outlook and a decline in industrial production, CBRE’s la...

CBRE has secured two prestigious awards at the AustralianProperty Institute NSW Excellence in Property Awards 2011.CBRE Associate Director Valuation and Advisory Services, Mark Willers took out theProperty Valuation Award for the Valuation Report of Carnegie Morgan Hill House.The award is made to an individual who has demonstrated an exceptional level ofunderstanding of a client’s valuation instru...

Office Rent Index rose 5.1%; Office Capital Values Rose 10.7% The CBRE Global Office Rent and Global Capital Value Indices continued to rise during the third quarter (Q3) of 2011. The CBRE Global Office Rent Index posted a year-over-year (versus Q3 2010) increase of 5.1%, and a quarter-over-quarter (versus Q2 2011) increase of 0.9%—the sixth straight quarterly rise. The CBRE Global Capital Value I...

Many European Countries Led by France Reported Strongest Positive Capital Value Change in Q3 2011 Moscow, 22 November 2011 – CBRE’s European Valuation Monitor saw a continued divergence in the recovery of European real estate values throughout Q3 2011. While, in aggregate, values rose slightly in Q3 (+0.2%), there was a distinct performance split, with half the countries measured seeing property v...

CBRE Group, Inc. (NYSE:CBG) today announced that it has completed the acquisition of ING Group N.V.’s real estate investment management (ING REIM) operations in Europe. The ING REIM operations in Europe – including the ING Real Estate Select global fund of funds business – are being merged with CBRE Group’s existing real estate investment management business, and the combined entity (including the...

CB Richard Ellis Group, Inc. (CBRE) today announced the acquisition of SCM Europe BV (“SCM”), a leading Dutch shopping centre management company, further strengthening its leadership in the European retail real estate sector. SCM provides property management, development consultancy and leasing services to a broad range of clients including Syntrus Achmea and ING Real Estate Investment Management....

CB Richard Ellis (CBRE) today announced that it was ranked 42nd in the prestigious 2011 InformationWeek 500. This marks the fifth consecutive year CBRE has been included in the publication’s annual list which identifies and honors the nation\'s most innovative users of information technology. A key reason for CBRE’s Top 100 ranking in this year’s InformationWeek 500 was the development of the Util...

CB Richard Ellis Group, Inc. (NYSE:CBG) today announced that it has changed its corporate name to CBRE Group, Inc., effective immediately, in order to align its corporate name with its industry-leading CBRE brand. “This change is the natural next step in the evolution of our corporate identity,” said Brett White, CBRE’s chief executive officer. “Increasingly, our clients have come to know us as CB...