CBRE Group, Inc. (NYSE:CBG) today announced that it has entered into a definitive agreement to acquire the Global WorkPlace Solutions (GWS) business of Johnson Controls, Inc. (NYSE:JCI). GWS is a market-leading provider of Integrated Facilities Management solutions for major occupiers of commercial real estate and has significant operations around the world.
Asian investors deployed a total of US$40 billion into international commercial real estate in 2014, a rise of 23% year on year (2013: US$32.5 billion), according to the latest research from global real estate advisor CBRE.
CBRE advised Union Investment Real Estate GmbH on the acquisition of a majority shareholding stake of the most prestigious asset in the Czech market, Palladium, from a company managed by the German investment manager Hannover Leasing, Pullach. The transaction is the largest property deal ever recorded in the Czech Republic.
CBRE Group, Inc. (NYSE:CBG) today announced that The Lipsey Company has named CBRE the top global brand in commercial real estate for the 14th consecutive year. Lipsey, a training and professional development firm specializing in commercial real estate, has surveyed commercial real estate professionals on their perceptions of the industry’s leading brands since 2001.
CBRE, the leading commercial real estate advisor, has been awarded “CEE Retail Agency of the Year” at the 7th Europaproperty Central & Eastern Europe Retail Real Estate Awards Gala, in Warsaw on Feb 12th, 2015. The EuropaProperty awards are decided by a jury comprising over 45 retail experts across the whole of Europe, including prominent developers, investors and retailers.
CBRE announced a new appointment to strengthen its Valuation Team in Hungary. Krisztina Leiszter joins the firm as Senior Valuer from February 2015. She brings more than a decade of professional experience to the Budapest team of the world's leading property adviser.
Average prime office rental growth is up by a quarter, at 25.2%, for energy dependent cities - a city which is driven by the energy sector (oil and gas) for economic and real estate activity - this year. This far outstrips the average of 4.5% for other established office locations according to the latest research from global property advisor CBRE, which covers 33 cities.
CBRE Hungary announced that Dávid Tóth joined its Valuation Department as of 1 November. Dávid will focus on valuation reports for banks, real estate companies, investment funds and corporate clients on a national and cross-border basis.
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