CBRE Group, Inc. (NYSE: CBG), the global commercial real estate services and investment firm, today announced that it has acquired full ownership of SOGESMAINT-CBRE, a property and asset management specialist operating in Belgium. CBRE has held a minority interest in the company since 2006.
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Following an exceptional quarter (Q4, 2012) of investment into European property, where transactional volumes reached the highest level since 2008, values across the Continent stabilised in Q1 2013, according to new data from CBRE’s European Valuation Monitor. A rise in investor activity across Europe highlighted the increased alignment of vendor and purchaser expectations.
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Central & Eastern Europe (CEE) commercial real estate investment volume reached €3.7 billion to the end of May 2013 – already a 30% increase when compared to the entire first half of 2012, according to the latest research from global property advisor CBRE.
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CBRE, the world’s leading commercial real estate advisory firm, has been appointed as the exclusive leasing agent responsible for re-commercialization of the Nowy Świat retail gallery in Rzeszow, Poland.
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Frankfurt attracted 43% of European data centre take up in the first quarter of 2013, according to new research from global property advisor CBRE. Cloud computing has again been the main driver for new data centre requirements, as businesses seek to alleviate pressure on existing IT capacity.
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CBRE, the global property advisor, has been appointed to provide real estate services to Itella Real Estate Oy, part of the Itella Group which provides solutions for managing information and product flows in Europe and Russia.
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In this newly created role, Rebecca will work across CBRE’s extensive cross-border business, driving sustainable property and portfolio management initiatives on behalf of clients and responding to changing legislation and market trends. She will also oversee the company’s regional corporate responsibility policy and commitments to environmental sustainability.
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Global office property values continued to improve, rising 0.9% during Q1 2013, while global office rents were stable for the period, according to CBRE Group, Inc.
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A new law in Taiwan will open the door to cash-rich insurance companies controlling $450 billion of capital to enter the overseas real estate investment market for the first time; however, strict controls will limit the flood of investment in the short-term.
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About CBRE
CBRE is the world's leading commercial real estate advisor. With over 300 offices in more than 50 countries, we have more consultants advising more customers than any other property firm.
We advise on all aspects of commercial property to help our clients realise the true value of their real estate, we provide Development, Fund Management, Global Corporate Services, Office Agency, Investment and Global Residential Services.
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