Ensure you never miss an issue of the
real estate business bulletin
CBRE posts strong results

CBRE posts strong results

by Matthew Sullivan 0 comments

Global real estate services CB Richard Ellis (CBRE) has reported their second most profitable year in the company’s history.

The company’s fourth quarter and full year results for 2010 show global revenue grew 27 per cent for the quarter and 23 per cent for the full year.

CBRE president and chief executive Tom Southern attributed the strong results to the company’s growth across the Pacific region.

“The growth from our residential projects business has been particularly pleasing, with the team now involved in a range of high profile apartment developments throughout NSW, Queensland, and Victoria,” Mr Southern said.

“Our office services division was responsible for some of the largest leasing transactions in the region in 2010, with major deals such as the 23,000 metre pre commitment by Marsh & Mclennan.”

 

 

 

CBRE posts strong results
lawyersweekly logo
promoted content
Recommended by Spike Native Network
Listen to other installment of the Real Estate Business Podcast
reb top 100 agents 2017

The REB Top 100 Agents ranking is the foremost ranking of agents in Australia. It has set the bar for excellence in Australian real estate. To be ranked as an REB Top 100 Agent is the standard real estate professionals strive for. See the full 2018 ranking here!

featured podcast

featured podcast
An industry where the resilient succeeds

Tim Heavyside believes that a strong support team and good foundations are paramount to success in the real estate industry, and with regu...

View all podcasts

Would you consider working for Purplebricks or a similar 'DIY' model?

Yes (7.2%)
No (80.9%)
Perhaps - make me an offer (12%)

Total votes: 209
The voting for this poll has ended on: July 13, 2018
Do you have an industry update?