News and Events

CBRE Named Sole Strategic Real Estate Advisor For United Technologies Corporation (UTC) In EMEA

London, 23 August 2010 – United Technologies Corp. (NYSE: UTX) has named CB Richard Ellis (NYSE: CBG) as its sole preferred provider for transaction management, brokerage and strategic real estate advisory services across its property portfolio in Europe, the Middle East, Africa and Russia.
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EMEA Region Gains Momentum In Global Office Rental Market

Europe closes in on global recovery market leaders Asia Pacific. London, 20 August 2010 – The Europe, Middle East and Africa (EMEA) region has gained momentum in the office rental rebound in the past quarter, now closely trailing the Asia Pacific region, which leads the global recovery in this sector. According to the latest Global Office Rental Cycle report by CB Richard Ellis, which measures prime rents, take-up levels and vacancy rates across 17 global markets, almost half of the EMEA region’s markets are now experiencing rental growth or stability.
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CBRE Meets Surge In Transaction Management With New Senior Appointment

Jonathan Steel to join CBRE, focussing on corporate sector demand London, 20 August 2010 – Jonathan Steel will be joining CBRE’s Global Corporate Services as a Senior Director in Transaction Management, based in London. Jonathan will manage a number of key corporate relationships and support the business in the ongoing growth of its global transaction management and portfolio strategy functions.
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CBRE Reports First Positive Capital Returns In Continental European Real Estate Market This Cycle

CBRE’s European Valuation Monitor sees values stabilising further in Q2 2010. London, 20 August 2010 – Continental European capital values recorded their first positive change of this cycle in the second quarter (Q2) of 2010, according to CB Richard Ellis’ (CBRE) latest European Valuation Monitor. After nine consecutive quarters of decline, growth of 0.3 per cent was recorded, with the Nordics and France leading the monitor higher (by recording 2.3 per cent and 1.4 per cent quarterly capital growth respectively). Evidence of stabilisation was also apparent in the other European regions, where the pace of capital value decline moderated further following Q1 2010 improvements.
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Asia Pacific Continues to Lead Global Office Rent Rebound

London, 19 August 2010 – More than half of the office rental markets in Asia Pacific either stabilized or moved into the growth phase during the second quarter (Q2) of 2010, demonstrating that the region continues to lead the global real estate recovery, according to CB Richard Ellis’ (CBRE) latest quarterly Global Office Rental Cycle report.
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