News

Only Big Five’s Commercial Property Managers on Prestigious List Brett White, CEO, CB Richard Ellis Group, has been named to the BusinessWeek’s "The 50 Most Powerful People in Real Estate". Brett White is the only Big Five’s commercial property managers to be included in the 2010 BusinessWeek List.Performing in his position since 2005, Mr. White is responsible for the global business activities of...

Scot Holland | CBRE has announced the closing of a deal for securing new office premises with a total area of more than 840 sqm for the “Baiken-U” company in Almaty. Baiken-U LLP was established in March 2006 with a 100% equity share of Kazatomprom (within the framework of the program aimed at increasing uranium production volumes in Kazakhstan). The Company was later re-registered due to changes...

CB Richard Ellis prepared new CEE Property Investment MarketView as of March 2010.According to the report, CEE property investment market was down in first two months of 2010, with a provisional €275 million in 15 transactions traded in January and February 2010. Despite the dip in activity, turnover so far in 2010 is running ca. 70% ahead of two month average H1 2009 turnover. Additionally, the a...

Scot Holland | CB Richard Ellis announced successful renegotiations to prolong the contract and reduce rental rates for Etihad Airlines in Almaty. Etihad Airways is the National Airline of the United Arab Emirates. The airline was set up by a Royal Decree in July 2003, with Abu Dhabi, the capital of the UAE, as its hub. Etihad started commercial operations in November 2003. Regular flights to Alma...

Scot Holland | CBRE has announced the closing of a deal for securing new office premises for JSC ‘LG Electronics Almaty Kazakhstan’ in Almaty. The necessity to expand the existing office was prompted by the rapid development and growth of LG Electronics in Kazakhstan. The total area of the new office is slightly less then 3,000 sqm.LG Electronics, Inc.(LG) is a global leader and technology innovat...

For the third consecutive year, CB Richard Ellis (CBRE) is supporting World Wildlife Fund\'s (WWF) Earth Hour 2010, which will take place around the world on Saturday, March 27, 8:30 - 9:30 pm local time. Earth Hour unites businesses and individuals across the globe by turning out lights for one hour in a symbolic and unified call for action on climate change. Last year the event involved nearly a...

Investors confirm appetite for international investment, with interest in all three core global regions demonstrating that the market remains firmly global MIPIM, Cannes, 17 March 2010 – European investors’ intentions for 2010 show striking similarities with the intentions expressed by investors elsewhere in the world, according to the results of a new survey by CB Richard Ellis, announced at the...

270 European investors reveal their target markets and sectors, and key fears for the future of the emerging real estate recovery MIPIM, Cannes, 17 March 2010 – CB Richard Ellis Group, Inc. (CBRE) today announced the results of a survey of more than 270 European real estate investors, revealing their intentions for the timing and focus of their investment activity over the coming years. The findin...

According to CB Richard Ellis’ (CBRE) European Commercial Real Estate Debt ViewPoint, issued today, €970 billion of European commercial real estate debt was outstanding at the end of 2009. Mirroring their typical share of European commercial real estate investment activity, Germany and the UK account for over half of the €970 billion total, with 24 per cent and 34 per cent respectively. Although a...