News

London and Moscow remain world’s most expensive office markets

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...

Q3 Financial Results

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 has been named the Top Global Real Estate Advisor in 2008 by Euromoney

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...

CB RICHARD ELLIS NAMED GLOBAL ADVISOR OF THE YEAR IN 2008 EUROMONEY LIQUID REAL ESTATE AWARDS

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...

SALE & LEASEBACK TRANSACTIONS CONTINUE TO PLAY GROWING ROLE IN EUROPEAN INVESTMENT MARKET IN FIRST HALF OF 2008

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...

CBRE becomes first commercial real estate services firm to join The Climate Group

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\...

CBRE news

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...

CBRE news. Global Market Rents survey.

On November 2007, CB Richard Ellis was acknowledged as the number one Brokerage Firm in the commercial real estate market. CB Richard Ellis Group, Inc. has been added to the S&P 500 Index, and is the world’s largest commercial real estate services firm listed in this rating. CB Richard Ellis Group, Inc performs semi-annual Global Market Rents survey. London’s West End is once again the world’s mos...

Hypothecary Properties Held by Banks

Putting hypothecary apartments for sale by local banks may bring Kazakhstan economy to collapse. That what Alexander Kalinin, Vice-president of Kazakhstan Real Estate Federation (KFN), Deputy Chairman of Council of the Kazakh Association of Appraisers reported on the press-conference. "The biggest problem of our country today is real estate mortgages in banks. The whole market situation will depen...

Moving from Class to Class

Commercial real estate market is on the edge of oversupply, the more so its most expensive segment. Tenants will soon focus on less expensive space. During “Real Estate and Construction in Kazakhstan” International Conference held in Almaty in early April, Oleg Alferov, the Vice-President of Kazakhstan National Association of Realtors said that commercial real estate market might experience price...
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