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CBRE Named Leading Commercial and Industrial Agency at RICS Property Awards

Sydney, 15 April 2011- CB Richard Ellis has been named the leading Commercial and Industrial Agency at the annual RICS Australia Property Awards 2011. 

This is the second consecutive year CBRE has scooped the Commercial Sales Agency Award. 

CBRE’s Senior Managing Director International Investments, Rick Butler was delighted to accept the Commercial Sales award on behalf of CBRE’s Investment Properties and International Investments teams.  

“This great accolade can be attributed to the successful collegial effort of our national investments teams and recognises our commitment to delivering outstanding service and results for our clients,” Mr Butler said.  

“A number of big ticket deals completed by our teams in the past year contributed to our continued success at the awards.” 

“These include the sale of 4&14 Martin Place, Sydney for $153.5 million, the sale of the South Wharf Commercial tower, Melbourne for $115 million and the sale of Santos Place, Brisbane to Malaysian sovereign wealth fund, Permodalan Nasional Berhad for around $287 million.” 

The RICS Awards acknowledge performance within the property agency sector based on quantitative measures. 

CBRE’s Industrial, Logistics & Investments, Regional Director, Joshua Charles said the award confirmed CBRE's Industrial team was a national market leader.  

"Our people are the best in the business and I am very proud of each individual’s efforts that combine to create an exceptional national team,” Mr Charles said.                                                            

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 2010 revenue).  The Company has approximately 31,000 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. Please visit our Web site at www.cbre.com.au

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