News

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...

We have now been ranked as the industry leader for seven consecutive years. CB Richard Ellis has once again been named as the number one firm in National Real Estate Investor‘s annual ranking of the top property management companies. With 230 million sq m under management globally, our portfolio is more than 50 percent larger than our nearest competitor. There is approximately 800,000 sq m Propert...

The largest office yield reduction during Q2 2010 was in Moscow (down 100 basis points to 11%), according to CB Richard Ellis’ latest EMEA Rents and Yields Indices. The Hague has taken the number two position (down by 35 basis points to 5.75%). The report shows that prime rents and yields across key European markets remained broadly stable in the second quarter (Q2) of 2010.Evidence of rental impr...

With several European governments recently announcing deficit-reduction plans, the motivation for many governments to sell public sector-owned property assets to raise much-needed capital will become more widespread across Europe in the next 12 months. The global banking crisis and recession have led to a sharp deterioration in public finances in most major economies. As a result, a number of Euro...

CB Richard Ellis Group, Inc announced that it is the first recipient of Frost & Sullivan’s Global Excellence in Outsourcing Award in the commercial real estate services sector. Frost & Sullivan researchers evaluated five leading outsourcing firms based on the following criteria: market intelligence, cost optimization, impact of outsourcing on the firm’s growth, value creation and innovation.

The combination of an uncertain rental outlook and constrained access to development finance will delay the start of the next European office development cycle, according to a new report by CB Richard Ellis "A new office development cycle? Not yet.". London is currently the only major market where there is any substantial evidence of interest in reactivating delayed schemes for delivery beyond 201...

In particular, take-up in CBD could account for 24% of the total 1H 2010, reaching 200,000 sq m while during the same period in 2009 this was 69,000 sq m (16% of total city take-up) It’s important to note that strong demand for space in the CBD put downward pressure on the vacancy rate, which fell from 15% in Q1 to 13% as of June 2010. Vacant space in the area is located mostly in Class A space, a...

The Strategic Consulting and Valuation Department of Scot Holland | CB Richard Ellis has completed the preparation of an Analysis of the office market segment of Karaganda, as well as a Valuation of the HQ building with recommendations on the selling strategy for «ArcelorMittal Temirtau» JSC. The Market Analysis and Valuation reports were requested with the purpose of making an internal managerial...

Scot Holland | CB Richard Ellis has announced the signing of an Agreement for lease of new office premises for the «i-FREE Kazakhstan» company. Besides, being located in one of the best business districts of Almaty, the new office offers better working environment and conditions at a rent similar to the one in the previous office of the company. The new office is in the recently reconstructed and...