Los Angeles, March 10, 2015 – CBRE Group, Inc. (NYSE:CBG) was the top-ranked firm for commercial real estate investment sales throughout the world during 2014, according to Real Capital Analytics (RCA). CBRE has achieved the number one position in each of the four years that RCA has published global rankings.
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 $10 million and greater, estimates that approximately $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.
Highlights from RCA’s 2014 rankings include:
- CBRE was the top firm in industrial sales, with $16.1 billion in transactions and a market share of 30.0%.
- CBRE executed $24.3 billion in apartment sales, for an industry-leading market share of 27.4%.
- CBRE’s development site sales totaled $3.8 billion, for a market share of 21.2%.
* 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.
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 52,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 370 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