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16-02-2010 :
IAOP Names CB Richard Ellis Among Top Outsourcing Providers for Fourth Time
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The International Association of Outsourcing Professionals (IAOP) has named CB Richard Ellis Group, Inc. (CBRE) to The 2010 Global Outsourcing 100 for the fourth 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 organized by IAOP.
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09-02-2010 :
New Report Suggests Better Critical Facility Planning Needed for Improved business Continuity
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A critical facility, such as a data center, is arguably the most crucial resource within an organization, according to CB Richard Ellis’ (CBRE) latest report, “Evaluating Your Critical Facilities.” The white paper highlights that increased focus and planning around design, construction and management of data centers is critical to corporate success given the relentless demand for data storage, electronic communications and global economic connectivity.
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02-02-2010 :
Asian Real Estate Investment Markets Rebound in Second Half of 2009
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Asian real estate investment markets posted a strong recovery in the second half of 2009 after witnessing a difficult start to the year. Investment turnover bottomed out in the first quarter but improved thereafter as investor confidence gradually returned, underpinned by the strong rebound in the equity markets, the persistence of low financing costs and a stabilizing trend in price levels across key markets.
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03-12-2009 :
CB Richard Ellis Report Highlights Occupancy Cost Strategies To Leverage Current Market Environment
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Despite initial signs of economic recovery, corporations continue to seek aggressive ways to reduce their occupancy costs and take advantage of market conditions to improve and optimize their real estate portfolios. In response, CB Richard Ellis has produced a new special report, “Creative Occupancy Cost Reduction Transaction Strategies,” that outlines the steps firms can take to leverage current economic environment and capital deployment trends to their advantage.
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03-11-2009 :
Asian Office Market Continues to Improve as Rental Decline Slows Further
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The Asian office market down cycle has stabilized in the third quarter of 2009 as the improvement in Asian employment markets generally provided a clear indication that the office market was close to the bottom. Corporations outside of the export trade sector commenced expanding headcount and financial institutions began hiring staff to pursue high-margin businesses as economic conditions improved.
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11-05-2009 :
Asian Property Investment Turning More Positive After Muted First Quarter
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The Asian property investment market suffered an 83% q-o-q fall in sales in the first quarter of 2009 as investors’ appetite for risk remained weak and the gap between buyer / seller expectations continued to deter investment activity, according to the latest research report from CB Richard Ellis, Asia Investment MarketView Q1 2009. However, there was a noticeable improvement in sentiment in a number of key markets in March as the rate of economic decline appeared to be easing.
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30-04-2009 :
CB Richard Ellis Group, Inc. Reports First Quarter 2009 Financial Results
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CB Richard Ellis Group, Inc. (NYSE:CBG) today reported revenue of US$890.4 million and a net loss on a U.S. GAAP basis of US$36.7 million, or US$0.14 loss per diluted share, for the first quarter of 2009. Excluding one-time charges1, the Company’s net loss2 for the quarter was US$7.5 million, or US$0.03 loss per diluted share. Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA)3 totaled US$38.4 million for the quarter, which was negatively impacted by the inclusion of US$15.7 million4 of one-time charges.
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03-04-2009 :
CB Richard Ellis Group, Inc. Named a Businessweek 50 Best Performer
for the Third Year in a Row
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CB Richard Ellis (CBRE) has been named to the BusinessWeek 50—that publication’s list of best performers across all industries—for the third year in a row. BusinessWeek annually selects 50 best-in-class companies that represent the top performers in each of the ten industry sectors that comprise the Standard & Poors 500. CBRE was ranked #25 on the 2009 list, and is the only commercial real estate company to earn a place on this year’s BusinessWeek 50.
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23-03-2009 :
CB Richard Ellis Named to “Companies that Care” 2009 Honor Roll
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CB Richard Ellis (CBRE) has been named to the Companies That Care Honor Roll for 2009. The Honor Roll was established to publicly recognize companies that highly value their employees, make a commitment to community service and reflect strong values in their daily business practices. CBRE has been named to the Honor Roll for the second consecutive year.
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20-02-2009 :
IAOP Names CB Richard Ellis Among Top Outsourcing Providers for Third Time
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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.
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04-11-2008 :
Asian Office Market Faces Increasing Slowdown
As Global Economic Worries Hit Region
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The Asian office market has slowed further as the fallout from the global economic crisis hits the region, according to CB Richard Ellis’ Asia Pacific Office Market Review for the third quarter of 2008. The quarter saw the further easing of momentum in office leasing and the remainder of 2008 is likely to see the end of the upward cycle as potential occupiers grow cautious about committing to premium space.
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15-10-2008 :
CB Richard Ellis Expands Presence in Greater China
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CB Richard Ellis announced that it has opened a new office in Chongqing, a municipality in southwestern China. The new office in Chongqing represents the sixteenth full service office operated by CB Richard Ellis in Greater China and further enhances its service capabilities in response to demand from both domestic and international developers, investors and occupiers.
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07-08-2008 :
Dampen Asia’s Real Estate Investment Market
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A widening bid-ask spread has emerged in major real estate markets across Asia, as property owners, supported by solid market fundamentals, remain reluctant to lower their asking prices to meet the expectations of potential buyers, according to CB Richard Ellis’ Asia Pacific Investment Market Report for the second quarter of 2008.
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27-06-2008 :
CB Richard Ellis Opens New Office in Shenyang to Further Enhance Capabilities in Greater China
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CB Richard Ellis announced today that it has opened a new office in Shenyang, Liaoning Province. This new office in Shenyang represents the fifteenth full service office operated by CB Richard Ellis in Greater China and forms part of the strategic expansion of the company in both the fast growing Northern China region as well as in Greater China as a whole. The opening of this additional office in Shenyang will also allow CB Richard Ellis to better serve the real estate needs of both domestic and international developers, investors and occupiers in China going forward.
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28-05-2008 :
London Remains World’s Most Expensive Office Market; Rapidly-Rising Moscow Jumps to Second Place
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London’s West End is once again the world’s most expensive office market, while rapidly-rising Moscow climbed to second place, according to CB Richard Ellis Group, Inc. (CBRE) Research’s semi-annual Global Market Rents survey. The report tracks world markets with the highest as well as fastest-growing occupancy costs for the 12 months ended March 31, 2008. Tokyo’s Inner Central Five Wards, Mumbai’s Nariman Point and Tokyo’s Outer Central Five Wards rounded out the top five most expensive markets.
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02-05-2008 :
Prime Office Rentals Continue to Face Upward Pressure
amid Ongoing Supply Squeeze
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An ongoing supply crunch continued to exert upward pressure on rentals in most Asian office markets during the first quarter of 2008. According to CBRE Research, the majority of the 16 cities covered in the quarterly Asian Office Market Flash have recorded vacancy levels below 5% for four or more quarters, and fresh supply is expected to be limited over the remainder of 2008.
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21-02-2008 :
IAOP Again Names CB Richard Ellis Top Outsourcing Provider
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The International Association of Outsourcing Professionals (IAOP) has named CB Richard Ellis Group, Inc. to The 2008 Global Outsourcing 100 for the second straight year. The list recognizes the world’s best outsourcing providers across all industries, and is based on applications received and evaluated by an independent panel of judges.
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20-02-2008 :
Overall Demand for Office Space in Asia Remains Robust,
with Grade A Office Markets Buoyant in Key CBDs
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Asian office markets maintained their positive momentum during the fourth quarter of 2007. Prime office vacancy remained extremely tight across much of Asia, hovering at or below 4% in Hong Kong, Singapore, Tokyo, Seoul, Ho Chi Minh City, Manila and key CBDs in India, including Bangalore, Mumbai and New Delhi. Strong demand and tight supply in prime locations continued to drive up prime office rents, with Singapore and New Delhi posting q-o-q rental growth of over 15%.
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25-01-2008 :
CB Richard Ellis Group, INC. Appoints Global Chief Economist
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CB Richard Ellis Group, Inc. (CBRE) today announced that Raymond Torto, Ph. D., one of commercial real estate’s most renowned economists and forecasters, has been named the company’s Global Chief Economist. In this newly created position, Dr. Torto will direct CBRE’s worldwide team of commercial real estate market analysts and will serve as the firm’s primary spokesperson on macro economic issues and the global commercial real estate market.
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22-01-2008 :
The Hong Kong Property Market Yearly Review & Forecast
We’ve Only Just Begun
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2007 was a dramatic year for the Hong Kong economy, the pace of growth accelerating as the year progressed. Domestic demand continued to play an important role in the economic upturn, as private consumption and investment expenditure continued to increase, while overseas players, including new entrants from the Middle East and Southeast Asia, pursued investment opportunities in Hong Kong.
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