News

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...

The company continues Gulf-wide expansion.CB Richard Ellis announced the opening of a new office in Bahrain, one of the foremost financial services and real estate centres of the Middle East and North African region (MENA). The new office represents an important building block in the development of the firm’s Middle Eastern business.Despite the turmoil in the global financial markets, the Gulf’s r...

CB Richard Ellis published its Research’s semi-annual Global MarketView/Office Occupancy Costs survey that tracks world markets.London’s West End and Moscow remain the world’s two most expensive office markets, respectively, while Hong Kong’s CBD, Tokyo’s Inner Central District and Mumbai’s Nariman Point round out the top five, according to CB Richard Ellis Research’s semi-annual Global MarketView...

CB Richard Ellis Group. Inc (NYSE:CBG) reported revenue of $1.3 billion for the third quarter of 2008, compared with $1.5 billion for the third quarter of 2007. The Company reported net income of $40.4 million, or $0.19 per diluted share, for the third quarter of 2008, compared with net income of $114.9 million, or $0.48 per diluted share, for the same quarter last year.CB Richard Ellis continued...

CB Richard Ellis won a total of 109 EuroMoney Liquid Real Estate awards.Euromoney, a leading publication of international finance, polls its readers corporate and financial decision makers in more than 160 countries annually on the leading real estate advisors, developers and investors on a global, regional and individual country basis.CB Richard Ellis won a total of 109 EuroMoney Liquid Real Esta...

Los Angeles - October 1, 2008 - CB Richard Ellis has been named the top global real estate advisor in the 2008 Euromoney Liquid Real Estate Awards. This is the third time in four years that the company has won this prestigious award.Euromoney, a leading publication of international finance, polls its readers - corporate and financial decision makers in more than 160 countries - annually on the lea...

Corporate disposals occurring in broader range of European markets despite general economic uncertainty.London, 19 September 2008 - Corporate sale and leaseback transactions have grown rapidly across Europe, rising by 585% between 2004 (€6.7 billion) and 2007 (€46 billion), and expanding from 6% of the European investment market in 2004 to 21% in the first half of 2008, according to a new report b...

CB Richard Ellis Group, Inc. (CBRE) became the first commercial real estate services company to join The Climate Group, the global, independent organization dedicated to accelerating action on climate change."The Climate Group is delighted to welcome CBRE to our coalition of companies leading on climate change issues," said Chris Walker, North American Director of The Climate Group. "As the world\...

In 2007, the revenue of CB Richard Ellis Group increased by 49.7%, reaching $6 billion. In the same period, the Company’s diluted EPS has increased by 23%, reaching $1.66. The company’s reported net income last year reached $390.5 million, compared with the $318.6 million made in 2006. In 2007, CBRE Group’s EBIDTA increased by 27.7 as compared to 2006 and totaled $834.3 billion. The revenue made b...