News

There is improving sentiment among European banks in lending for prime real estate, according to CB Richard Ellis’ latest Capital Markets Report.Following the recovery in the European real estate investment market in the latter half of 2009, driven predominantly by increased appetite from equity buyers and an improvement in capital values, banks now find themselves in a more confident position to...

CBRE prepared a Comparative Analysis of Office Markets in 4 International Financial Centers (New York, London, Hong Kong and Tokyo).The markets in New York and London were hit harder and more directly by the global banking crisis than the two Asian cities. In Hong Kong and Tokyo, the ensuing global recession, with sharply falling production and trade, caused the most damage to occupier demand.Occu...

According to CB Richard Ellis\' new Global Office Rental Cycle report almost all real estate markets in Europe and Asia are now seeing rents falling at a slower rate and in some cases stabilising, a trend which is expected to continue as take-up improves and vacancy moderates in 2010. In contrast, most US office markets, with the exception of New York, are further back in the rental cycle and are...

CB Richard Ellis prepared a new Russian Investment Market Report for 2009.According to the new Market Report for 2009, the total volume of investments in Russia in 2009 was Euro790 million - 77% down from the levels seen in 2008. 2006 to 2008 were boom years for Russian real estate investment, with investment volumes rising beyond Euro2,500 mln in each of those years, and beyond Euro3,400 in 2008....

Scot Holland | CB Richard Ellis has announced the completion of a transaction and signing of an office Lease Agreement for LLP Altyn Oil Group in Almaty. The new office premises have a total area of 1,300 sqm and are located in a stand-alone office building in the upper part of Almaty city. The level of professionalism of the Scot Holland | CBRE office agency team was highly appreciated by the sen...

Scot Holland | CB Richard Ellis Kazakhstan has announced the signing of an Exclusive Brokerage and Property Management Agreement for the ‘Almaly’ Elite residential compound, located in Almaty at the foothills of the Zailiyskiy Alatau mountains. The ‘Almaly’ compound is considered one of the best Class A residential developments in Kazakhstan and Central Asia. The built-up area of the project compr...

Scot Holland | CB Richard Ellis Kazakhstan has announced the signing of a Residential Lease Agreement for 2010 with Air Astana in Almaty.The two companies started cooperating several years ago, and regularly signed agency Services Agreements. As a result, several dozens of residential properties were leased with the assistance of Scot Holland | CBRE during last year.Ms. Galina Umarova, Vice-presid...

CB Richard Ellis prepared a new Moscow Offices MarketView report as of year end 2009.According to our report, in the year end 2009 Moscow office rental rates fell in average by 50% from the peaks of Q2 2008.By the end of 2009, Moscow office stock had reached almost 11 mln sq m.The report reflected that one notable feature of 2009 was an increase in the Class A share of newly delivered stock. While...

CBRE celebrates one year of association with major consultant in retail in Russia – MAGAZIN MAGAZINOV part of CB Richard Ellis network.Darrell Stanaford, Managing Director of CB Richard Ellis, Russia & Ukraine comments:"The first year of our new partnership with Magazin Magazinov demonstrated that value of having a strong retail brokerage partner. Not only did Magazin Magazinov provide outstanding...