News

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...

Scot Holland | CB Richard Ellis has announced the completion and release of the final version of the Atyrau Residential Market Analysis Report prepared for Astra Residence LLP. Astra Residence LLP is a local Kazakhstan development company planning the construction of a high-comfort residential project in Atyrau. The main purpose of the market research was securing project financing.The level and q...

CBRE experts presented the 2010 Moscow Commercial Real Estate Market Overview during the current ULI Moscow Young Leaders Group Event that successfully took place on January 28, 2010 in Buddies Café, Moscow.At the beginning of the conference Arnaud Dubois, Chairman of ULI, Russia, delivered a speech on the institute’s activity in Russia and forthcoming seminars and events organized by the ULI Mosc...

* For full year 2009, CB Richard Ellis produced diluted earnings per share of $0.12 on a U.S. GAAP basis, on revenue of $4.17 bln * Excluding selected charges, net income totaled $109.8 mln, or $0.39 per diluted share, for 2009 * EBITDA for 2009 totaled $372.1 mln, which included $81.8 mln of selected charges