RCA credited CBRE with a 19.1% market share* across all property types in 2014 on a global basis. CBRE held the top spot in RCA’s global rankings for industrial, apartment and development sites.
RCA, which tracks global commercial real estate sales of US$10 million and greater, estimates that approximately US$1.2 trillion of commercial real estate was sold throughout the world in 2014—the same amount as in 2013.
“By aligning our deep experience across all asset types with unrivaled access to global capital sources, we have been able to deliver real competitive advantage and superior results for our clients in 2014,” said Chris Ludeman, Global President, CBRE Capital Markets.
CBRE in Asia Pacific delivered a standout performance in 2014 with 319 completed property transactions, the most of any real estate firm in the region, totaling US$15.8 billion across all industry sectors.
“In 2014 we continued our strong APAC performance, supported by effective cross-border collaboration, open information sharing and exceptional service execution for our clients. Our intention is to further leverage our teams of experts and platforms across the region and globally. We look forward to another strong year in 2015,” said Richard Kirke, Managing Director, Capital Markets, CBRE Asia Pacific.
Other highlights from RCA’s 2014 ranking for Asia Pacific include:
• CBRE executed a market-leading 86 transactions for the industrial sector, with APAC sales totaling US$2.7 billion. This represents 36.6% of the sector‘s overall market share, nearly double that of CBRE’s closest competitor.
• CBRE also topped development sites sold with 51 properties and total volume of US$1.6 billion, standing for 24.7% of sector market share in the region.
* Market share has been calculated based on the dollar volume of transactions where CBRE represented the seller, divided by the total volume of seller-brokered transactions.
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About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2014 revenue). The Company has more than 70,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 400 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com.
