CBRE has negotiated the sale of a prime parcel of land in downtown Miami for the sum of $8.7 million an acre. The commercial real estate services firm was acting on behalf of BDB Miami LLC when the vacant 7.35 acre development site in the Edgewater... Read More
CBRE has announced that it has acquired IVI International. The White Plains, N.Y.-based company, which has been in business for 40 years, brings with it a history of providing integrated construction risk management and due diligence services to clients... Read More
Collapsed Irish management company assets hit the market A package of properties once owned by a collapsed Irish management company have been put on the market with a combined asking price of £132.3m. The triple-asset portfolio includes two Scottish... Read More
All UK commercial property sectors recorded a weaker performance during August, according to the latest CBRE Monthly Index. Total returns were 1.4 per cent, largely driven by a 0.9 per cent growth in capital values, which have increased by 8.1 per cent... Read More
CBRE Global Investors has acquired Birmingham’s Great Western Arcade and Ten Colmore Row from Aviva Investors. The deal, the price of which reflects an initial net yield of 7.4 per cent, closed at £15.1 million and offers CBRE Global Investors the... Read More
CBRE Global Investors has sold a 13-storey office block in the heart of Singapore’s central business district for $172m (£100m) — less than three years after it paid just $148m (£86m) for the property. Anson House was bought by Frankfurt-based... Read More
The Irish division of the international property giant CBRE plunged into the red last year with pre-tax losses of €4.57m (£3.82m). In its annual return CBRE Ireland claimed revenues for 2012 had tumbled by 34 per cent to €7.5m (£6.27m),... Read More
UK's commercial sectors showed total returns of 1.1 per cent, according to CBRE's latest index. Capital values are continuing to grow, and increased by 0.5 per cent over the same period. As a result, the capital growth value increased by 0.1 per cent over the... Read More
The head of global research at CBRE says that the yields from New Zealand commercial property are among the highest on the planet. Nick Axford said recently that Auckland office buildings are 7.73 per cent, while Tokyo are approximately 3.5 per cent. Hong... Read More
CBRE Group, Inc. has recently announced that it is launching the Real Green Research Challenge (RGRC), which is a four-year, US $1 million commitment from the commercial real estate services firm to fund sustainability research and innovation.... Read More
