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CBRE Group named Euromoney’s leading global real estate advisor for the second consecutive year

CBRE Group, Inc. has been named the top global real estate advisory firm for the second consecutive year in the Euromoney Real Estate Awards for 2013. CBRE is the only firm to achieve top honours in back-to-back years, and has now won this prestigious award six times since Euromoney launched its real estate awards program in 2005. In Hungary CBRE Budapest has won all of the four awards.

Andrássy Avenue: may yet become a tenants’ paradise

Increasing demand for retail space, more and more office tenants beyond the Oktogon - In 2013 the real estate market of Andrassy Avenue became active once again: a number of new brands entered the street’s retail pitch, the fate of the former Ballet Institute finally seems settled, and more and more companies are choosing the classical mansion buildings as their headquarters - according to a snapshot of CBRE.

North American and Middle East buyers drive European property investment market

North American and Middle East investors are the major drivers of increased activity in the European commercial real estate market and buyers from outside the region now account for more than a quarter of all transactions in H1 2013, according to the latest data from CBRE.

Hong Kong streets lead global retail rents rise

Hong Kong is by far the world’s most expensive city for global retailers, but prime rents in New York, London, Tokyo and Zurich are on the rise, according to new research from global property advisor CBRE Group, Inc.

CBRE LAUNCHES GLOBAL RESEARCH GATEWAY

CBRE Group, Inc. has launched the Global Research Gateway - a new online portal providing access to CBRE’s extensive real estate research, knowledge and insight across all geographies and sectors. The Global Research Gateway (www.CBRE.com/researchgateway) brings together CBRE’s collective global research intelligence onto a single platform for the first time.

European shopping centre development grows 50% in 2013

An unprecedented 11.9 million square metres (sq m) of shopping centre space is currently under construction in Europe, representing a 50% increase year-on-year (7.2 million sq m in 2012), according to the latest research from global property advisor CBRE.

STRONG GROWTH IN EUROPEAN PROPERTY INVESTMENT ACTIVITY

The European commercial real estate investment market saw the third successive quarter of strong activity in Q2 2013 with total transactions of €31.1 billion - an increase of 13% on the same quarter last year, according to the latest data from CBRE.

Tim O'Sullivan promoted to Head of Capital Markets Southeastern Europe

Tim O'Sullivan has been appointed as Head of Capital Markets South and Eastern Europe, responsible for Hungary. Tim has been with CBRE for more than 4 years and recently held the Head of Capital Markets position in Hungary. He has been involved in several outstanding transactions, amongst others the sale of Info Park E to Bluehouse at the end of last year.