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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...

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...

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...

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...

As reported by the Agency of the Republic of Kazakhstan on Regulation and Supervision of Financial Market and Financial Organizations (FSA), total assets of mortgage companies as of April 1, 2008 amounted to KZT 213.8 bn. Kazinform reports that this figure decreased by KZT 2.3 bn year-to-date, which is 1.1% in terms of percentage points. Total liabilities decreased by KZT 6.0 bn (3.5%) as compared...

Funds allocated from state budget proved to be insufficient for all important residential developments in Almaty. As it was announced earlier, the Government decided to finance the projects of 17 developers through allotment of KZT 13 bn for completion. It is the opinion of Zhumabek Turegeldinov, the Senate Parliamentary that this list is to be extended. Decision to finance residential development...