7-year winning streak for CBRE

7-year winning streak for CBRE

23 March 2018

CBRE has delighted its shareholders after it was crowned the top-ranked firm for commercial real estate investment sales globally for the seventh consecutive year, according to rankings provided by industry analysts Real Capital Analytics (RCA).

RCA credited CBRE with 22.3 per cent of market share in 2017 across all property types on a global basis—a 650 basis point lead over the nearest competitor.

The company led the global rankings for office, industrial, retail, and apartment investment sales.

This, in fact, is the seventh consecutive year of the company achieving the first position. RCA tracks global commercial real estate sales of $10 million and higher.

RCA estimates that approximately $1.53 trillion of commercial real estate was sold throughout the world in 2017.

An increased number of deals in Europe and record activity in the Asia-Pacific made 2017 the second-best year in the past decade for investment in income-generating commercial real estate, notes the RCA report.

CBRE’s share of global investment sales was $137.62 billion.

“CBRE’s global footprint aligns perfectly with the migration of global capital,” said CBRE’s Global President of Capital Markets Chris Ludeman.

“Very liquid debt markets and close coordination with CBRE’s finance colleagues has also enhanced the results delivered to clients,” he added.

According to analysts, Zachs Equity Research, CBRE’s broad range of real estate products and services, and an extensive knowledge of domestic and international real estate markets helped the company retain its solid growth momentum. For full-year 2017, revenues and earnings reached record highs.

The company’s solid technology platform helps it develop and deliver superior analytical, research and client service tools to meet its client needs. In addition, the company’s focused investment in technology and data analytics are likely to drive long-term growth.

According to the RCA rankings, CBRE’s 2017 achievements include:

  • US$62.1 billion in global office sales as seller representative, for an industry-leading market share of 23.5 per cent in 2017.
  • Being the top global firm in logistics and industrial sales, with US$19.7 billion in transactions for a market share of 28.6 per cent.
  • The top global position in retail sales, with US$17.2 billion in transactions, increasing its global market share by 270 basis points to 21.2 per cent in 2017.
  • Executing US$27.2 billion in global apartment sales for a market leading share of 20.6 per cent.
  • Achieving the leading buy-side broker globally.

CBRE Group, Inc. is the largest commercial real estate services and investment firm in the world. It operates more than 450 offices worldwide staffed by 80,000 employees and has clients in more than 100 countries.