CB Richard Ellis (CBRE) has been appointed as joint leasing agent to work alongside Savills on The Pinnacle.
Boasting almost 1 million sq ft of prime commercial space, alongside 27,000 sq ft of retail space, the Pinnacle will be the City of London’s tallest building once complete. Construction has commenced and tenants could take possession by the end of 2013.
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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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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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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’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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CBRE in the news
18 08 2010 CBRE Reports First Positive Capital Returns in Continental European Real Estate Market This Cycle Read more
12 08 2010 CB Richard Ellis Reports New Influences Emerging in European Debt Market Read more
11 08 2010 CB Richard Ellis Group, Inc. Adds Senior Professionals Read more
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