News

Scot Holland CBRE has announced the closing of a deal for securing of expansion of office premises for the Almaty branch of NOKIA International OY. Nokia (NYSE: NOK), the world\'s largest manufacturer of mobile phones, has selected CB Richard Ellis as its exclusive global strategic property advisor. The services which will be provided include transaction management, brokerage and lease administrat...

Europe closes in on global recovery market leaders Asia Pacific. The Europe, Middle East and Africa (EMEA) region has gained momentum in the office rental rebound in the past quarter, now closely trailing the Asia Pacific region, which leads the global recovery in this sector. According to the latest Global Office Rental Cycle report by CB Richard Ellis, which measures prime rents, take-up levels...

CB Richard Ellis Moscow published a new Office MarketView as of H1 2010. According to the report, the volume of deals closed in H1 2010 in Moscow office market rose by almost 40% compared with H1 2009 and reached 855,500 sq m. During H1 2010, 355,000 sq m of new space was delivered to the Moscow office market (the delivery volume in H1 2009 was 1.1 mln sq m).By the end of Q2 2010 vacancy rate was...

Scot Holland | CB Richard Ellis has announced the closingof a deal and signing of a Lease Agreement for new office premises for “SberbankRussia” in Almaty. The new premises have a total area of more than 2,200 sqm andare located in the “Кen Dala” Business Center. Scot Holland | CB Richard Ellis wasappointed as the primary consultant and Agent for this transaction. "Sberbank Russia" is a universal...

Scot Holland CBRE has announced the closing of a deal for securing new office premises for Baxter International Inc in Almaty, Kazakhstan. Baxter International Inc. (NYSE:BAX) is a transnational healthcare corporation headquartered in USA. Baxter is one of the world’s largest developers, manufacturers and suppliers of healthcare products and services, and has been taking leading positions across a...

CB Richard Ellis reports improved financial results for Q2 2010. Revenue for the quarter rose 23% to US$1.2 billion. This is the strongest year-over-year quarterly growth since Q4 2007. Earnings per share (EPS), adjusted for selected items, rose more than four-fold to US$0.18. This is well ahead of the US$0.09 analyst consensus estimate. Earnings Before Interest, Taxes, Depreciation and Amortizati...

Scot Holland CBRE has announced the closing of a deal for securing new office premises for “Word Perfect Translations” in Almaty, Kazakhstan. The necessity to expand the existing office was prompted by the growth and development of the company in Kazakhstan. Word Perfect Translations is a 100% Irish-owned company, established in 2001 and providing a range of interpretation and translation services...

Moscow is in ninth place, with 72% of luxury retailers present, according to the new edition of How Global is the Business of Retail? by leading global real estate adviser CB Richard Ellis. Tokyo and Milan share this position in the rankings along with Moscow. Hong Kong maintained its position as the most popular global destination for luxury retailers, attracting 91% of luxury brands surveyed as...

CEE real estate investment turnover reached €953 million in the second quarter (Q2) of 2010, a 32% increase on the €721 million transacted in the first three months of 2010, according to the latest data from CB Richard Ellis. Investment turnover rose despite the stress factors emerging in the broader capital markets, such as the sovereign debt crisis and the introduction of austerity measures by m...