News

CB Richard Ellis Group has been named to the annual roster of the Most Admired Companies in the U.S. real estate industry compiled by Fortune. The survey covers 64 industries and is one of the most definitive report cards on corporate reputations. Companies are rated on a host of measures related to corporate performance. CBRE scored particularly well in people management, social responsibility an...

CB Richard Ellis’ Cross-Border Industrial and Logistics team has been appointed by DHL Exel Supply Chain (DESC), Europe’s largest global supplier of logistics services, to exclusively support their expansion programme across Europe, Middle East and Africa (EMEA).DESC is the recognised global leader in contract logistics operating from more than 800 strategic locations, totaling 11 million square m...

Los Angeles – February 19, 2009 – The International Association of Outsourcing Professionals (IAOP) has named CB Richard Ellis Group, Inc. (CBRE) to The 2009 Global Outsourcing 100 for the third straight year. The list recognizes the world’s best outsourcing service providers across all industries, and is based on applications received and evaluated by an independent panel of judges. CB Richard El...

CB Richard Ellils Group, Inc. reports full year 2008 revenue of $5.1 billion and earnings per share of $0.97.CB Richard Ellis reported full year 2008 revenue of $5.1 billion and diluted earnings per share of $0.39. For the fourth quarter of 2008, revenue was $1.3 billion and diluted earnings per share was $0.03. These diluted earnings per share amounts do not include the impact of significant, pen...

Despite a weakened European commercial property investment market in 2008, sales of commercial real estate by occupiers remained an important source of activity last year. Although there was a sharp fall-off in the amount of public sector real estate sold in 2008, owner-occupier sales maintained their approximately 19% share of the total investment market in 2008, according to figures released tod...

CB Richard Ellis Group, Inc. (CBRE) announced that it has signed an affiliate agreement with Magazin Magazinov, one of Russia’s premier retail property services companies. The agreement extends CBRE’s leadership in the European retail sector and follows the recent acquisition of retail specialists in Italy (Espansione Commerciale) and Belgium (C&T Retail).Founded in 1999 by managing director Anna...

CB Richard Ellis Group, Inc. (CBRE) announced its selection as a primary advisor to the Federal Deposit Insurance Corporation (FDIC) for portfolios of Owned Real Estate (ORE) nationwide. The CBRE-led team will be responsible for the management and marketing of residential and commercial ORE throughout all 50 states, Puerto Rico and the U.S. Virgin Islands. The portfolios will be comprised of asset...

CB Richard Ellis Group, Inc. announced that European commercial real estate investment turnover slowed to €19.5 billion in Q4 2008, following two consecutive quarters of more stabilised turnover levels of around €27-28 billion. This brings the total 2008 turnover to €116 billion, a level comparable with that registered in 2004.Almost every market saw a decline in activity compared to the third qua...

A group of licensed appraisers at Scot Holland | CB Richard Ellis | Kazakhstan has completed the valuation of a land plot in Astana for the “Lior Corporation” – a daughter company of ‘Macpell’. The valuation of the land plot with a total area of 58 hectares was ordered by the Client for accounting purposes, and for an IPO process on the Tel-Aviv Stock Exchange. The valuation work was performed pur...