News

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...

Russia ranked 12th. Attracting 58% of all international retail brands surveyed, UK retained its number one country ranking, according to the new edition of the How Global is the Business of Retail? Report prepared by the leading global real estate adviser CB Richard Ellis (CBRE). The annual report has seen significant shifts in its ranking of global retail cities in the past year. The first positi...

Scot Holland | CB Richard Ellis has announced the closing of a deal for signing a Lease Agreement for new office premises with a total area of more than 1,100 sqm in the Almaty Financial District (AFD) for “RBS Kazakhstan” in Almaty. The deal was originally initiated by the Cushman and Wakefield London Office and fully completed by Scot Holland | CBRE locally in Almaty, Kazakhstan which indicates...

Managing Director of CB Richard Ellis (CBRE) Russia and Ukraine, Darrell Stanaford, Olga Zorina as well as the Managing Director of CBRE’s associated partner MAGAZIN MAGAZINOV Anna Shiriaeva were included in the list of the most influential people in Commercial real estate CRE 100. For the second year in a row, Darrell Stanaford took the number 1 position in the "Consulting" category. CB Richard E...

CBRE Survey Finds Global Rents Down 4.6% from One Year Ago London’s West End remains the world’s most expensive office market with an occupancy cost of €1457.59 per sq m per annum (£120.50 / $182.94), according to CB Richard Ellis Group, Inc. (CBRE) semi-annual Global Office Rents survey. Hong Kong’s Central Business District (CBD) has risen to second place pushing Tokyo’s Inner Central to third p...

Signs of interest in value-add and better quality secondary opportunities. European commercial real estate investment turnover is expected to reach more than €100 billion in 2010, a significant increase on the €73 billion reported in 2009, according to the latest CB Richard Ellis (CBRE) European Capital Markets report. Trends in the European real estate market so far in 2010 have been increasingly...