The CBRE Group (listed on NYSE: CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles (USA), is a leading global real estate consultancy (in terms of revenue in 2016). CBRE Group Inc. has been included in the ranking "FORTUNE 500" of the major U.S. companies and is the only company of real estate services to be included in the ranking. With approximately 75,000 employees (excluding affiliates), the group serves primarily the interests of investors, property owners and end-users, operating through more than 450 offices (excluding the offices of affiliated companies and / or partners).
CBRE is the leading real estate consulting company in the world. Each year, we complete thousands of successful assignments while serving a clientele operating in different sectors: investors, end users, developers and corporations. CBRE's global presence combined with an in-depth knowledge of local markets enables us to seize every opportunity, to make faster business processes and to obtain a precise and accurate overview of the general conditions and future trends in the property market at a global level.
The main aim is to provide customers with real estate consulting services that can add value to their business. In fact, the greatest wealth of CBRE is represented by customers. For this reason CBRE creates its own business on their specific needs, through expertise, experience and professionalism.
The strength of CBRE in Italy is also the result of acquisitions, such as Espansione Commerciale in 2007 leader in strategic consultancy and management / marketing of shopping centers.
The acquisition of GWS from Johnson Controls in 2015 has completed the range of services that CBRE can offer customer by adding expertise of facilities management for the real estate management. Ours is therefore a global vision in consulting and services for the real estate.
CBRE employs in Real Estate Consultancy in Italy more than 600 people in four offices: in Milan, Turin, Rome and Modena. In Italy CBRE offers a wide range of integrated real estate services, al global level such as:
Consumers’ confidence continued to be positive in the first quarter of 2018, outlook is positive as well.
Consistent pipeline with over 300,000 sqm expected to open in 2018.
Rents for prime units in shopping malls are rising both in Milan and Rome, to 940 Euro sqm per year and 960 Euro sqm per year respectively: this confirms the growing polarization between prime and non-prime malls.
Rents are continuing to rise in the high street sector, with Milan reaching 7,000 Euro sqm per year and Rome 6,800 Euro sqm per year.
Investment demand for malls is contracting, especially as an irrational response to a widespread fear for dead malls originated in the United States.
The investment volume in the first quarter was up of 35% compared to the same period of last year.
In Q1 2018 take-up was approximately 82,000 sqm, net absorption was positive.
Protagonists of the quarter were the large deals (>10,000 sqm concentrated in the peripheral areas and the hinterland.
The most important negotiations concluded during the quarter involved a colossus in the automotive sector who leased new office space (10,000 mq), a foreign entity operating in the education sector which has occupied around 12,500 sqm and a logistics operator that leased 13,000 sqm.
The vacancy rate was down, coming in at 11.4%, confirming the trend of the previous quarter.
The prime rent of the CBD was also higher reaching 560 Euro/sqm/year. The prime rent in the Centre was also up at 400 Euro/sqm/year;
The pipeline for the next two years remains buoyant, with around 271,000 sqm with completion scheduled by the end of 2020.
The volume of investment in the office sector contracted compared to Q1 2017; it excludes investments involving buildings with mixed use which in the quarter attracted around 200 million euro.
L’assorbimento trimestrale si contrae di circa il 50% sia rispetto al trimestre precedente che rispetto allo stesso periodo dello scorso anno.
La dimensione preferita dagli operatori è inferiore ai 5.000 mq, prevalentemente per esigenze di copertura dell’ultimo miglio.
Il letting di immobili esistenti guida l’assorbimento del trimestre, con il 70% del take-up.
Canoni prime stabili a 55 Euro mq anno sia a Milano che a Roma.
I 3PL si confermano essere gli utilizzatori principali, seguiti dagli operatori di e-commerce.
Prosegue il trend positivo di contrazione dello sfitto, con il vacancy rate che sfora la soglia del 4%.
Prosegue la compressione dei rendimenti anche nel primo trimestre dell’anno, intorno al 5,6%.
L’area più dinamica si conferma Milano: il 73% del take-up risulta compreso nelle aree core e greater di Milano.
Con poco più di 300 milioni di Euro investiti, il settore della logistica mostra nel primo trimestre una crescita del 75% rispetto allo stesso periodo dello scorso anno. L’e-commerce inizia a guidare anche gli investimenti.