London, 24 November 2009 – CB Richard Ellis' Retail team has been named "Retail Consultant of the Year" at the 2009 MAPIC Awards, announced during the international retail real estate event, MAPIC, held annually in Cannes, France.
CBRE faced strong competition from other short-listed consultants – Jones Lang LaSalle and Eurelia – to claim the annual award, which recognises excellence and professionalism in key players within the retail real estate sector.
Peter Gold, Head of Cross Border Retail for the Europe, Middle East and Africa region, commented: "We are delighted to have received this award, which is a great tribute to our retail team and acknowledges our unrivalled global knowledge and coverage of the retail market."
About CB Richard Ellis
CB Richard Ellis 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 firm (in terms of 2008 revenue). The Company has approximately 30,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 300 offices (excluding affiliates) worldwide. CB Richard Ellis 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. CB Richard Ellis has been named a BusinessWeek 50 "best in class" company for three years in a row. Please visit our website at www.cbre.com.