Press Release
CBRE Leads Real Estate Investment Sales Activity in Korea in First Half of 2023
CBRE Holds Top Spot in Asia Pacific and All Major Global Property Types
September 20, 2023
Associated Contact
Head of Marketing & Communications
September 18, 2023 (Seoul, Korea) – CBRE was the top-ranked firm for commercial real estate investment sales in Korea during the first half of 2023, continued by taking the top slot for four years in a row, according to MSCI Real Assets. CBRE also held the number one spot in Asia Pacific.
MSCI Real Assets credited CBRE with a 45% market share in Korea and leading investment sales in industrial (81%), retail (73%), Dev Site/Land (50%), and office (34%).
"Securing our leadership in Korea with a remarkable 44.5% market share speaks volumes about our dedication to delivering consistent and unparalleled results in the commercial real estate domain," said Sean Choi, Head of Capital Markets, Korea. "Although we are proud of this achievement, our sights are already set on the horizon to reinforce our commitment to offering insightful and actionable strategies that empower our clients to realize greater potential and achieve outstanding returns."
In addition to being number one globally, with a 26% market share across all property types on a global basis, CBRE held the top spot for commercial real estate investment sales in Asia Pacific with a 38% market share. It also held the top spot in the Americas (25%) and Europe, Middle East & Africa (19%).
“The exceptional performance of CBRE across all major asset types in the Asia Pacific region is a clear indication of the strong relationships and trust that our clients have bestowed upon us,” said Greg Hyland, Head of Capital Markets, Asia Pacific for CBRE. “Our Capital Markets teams will continue to utilize our extensive regional expertise to support our clients in attaining their investment goals, even in the face of a challenging market environment.”
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2024 revenue). The company has more than 140,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves clients through four business segments: Advisory (leasing, sales, debt origination, mortgage servicing, valuations); Building Operations & Experience (facilities management, property management, flex space & experience, digital infrastructure services); Project Management (program management, project management, cost consulting); Real Estate Investments (investment management, development). Please visit our website at www.cbre.com.