News

New office completions in major European markets could fall by over 30% in 2011 compared with 2010 and could decline further in 2012 as the low level of construction starts during the economic crisis feeds through into reduced levels of new office space, according to a new report by CB Richard Ellis (CBRE).The credit crunch and ensuing economic crisis in 2008 had a major impact on office developme...

New report indicates that almost two-thirds of major international companies have an office presence in London.London is the most popular business location in the Western world according to Business Footprints, a new report by the world’s largest real estate services firm, CB Richard Ellis (CBRE).The report, which is the first of its kind, maps the global office footprint of 280 major internationa...

Office markets in the world’s three top financial centers—Hong Kong, London and New York— have moved at varying speeds in their recovery from the impact of the global crisis financial crisis, according to a new research report by CB Richard Ellis (CBRE). The report -”Hong Kong, London, New York: From Recession to Recovery”- highlights how Hong Kong’s economy rebounded quickly from the global finan...

Scot Holland | CB Richard Ellis has announced the successful closing of a contract and the signing of a Lease Agreement for new office premises by “Navteq-Europe B.V.” registered in accordance with the Laws of the Netherlands, represented by the branch LLP “Navteq – Kazakhstan” in the Republic of Kazakhstan. The new office has a total gross area of more than 250sqm and is located in the “Lukoil” B...

Expansion plans to focus on Europe’s emerging markets A shortage of new shopping centres being built in Europe restricted the expansion plans of retailers in 2010, but an increase in the amount of space available in emerging markets next year is expected to put retailer growth back on track, according to new research by leading global property adviser CB Richard Ellis (CBRE). CBRE’s Shopping Centr...

LEASE OF NEW RETAIL PREMISES FOR «ECCO» IN ALMATY, KAZAKHSTANAlmaty, July 04, 2011 – Scot Holland | CB Richard Ellis has announced the successful closing of a transaction and signing of a Lease Agreement on new retail premises for the «ECCO» store in the «Prime Plaza» shopping center, Almaty, Kazakhstan. The «ECCO» retail chain is represented in all segments of the footwear market, as a producer o...

CB Richard Ellis Group, Inc. (NYSE:CBG) today announced that it has been selected by PRUPIM, a leading global real estate investment management firm, to provide property management and accounting services for its approximately 45 million sq. ft. U.K. property portfolio. The agreement represents one of the largest outsourcing contracts for property management services ever in EMEA/UK. PRUPIM, the r...

Scot Holland | CB Richard Ellis has announced the successful closing of a major deal and the signing of a Purchase Agreement for a prime office building by «Sberbank Russia». The new office building has a total gross area of more than 13, 000 sqm and is located in the Central Business District (CBD) of Almaty. Scot Holland | CB Richard Ellis was appointed by the Owner of the building as the primar...

A lack of suitable and available industrial properties is driving up industrial rents and spurring the return of speculative development in many prime markets, according to a new report from CB Richard Ellis Group, Inc. (CBRE). CBRE’s latest global analysis of the industrial logistics sector shows that expansion strategies and retailer demand are helping to underpin industrial rental growth to som...