Los Angeles, CA – November 18, 2010 – (RealEstateRama) — CB Richard Ellis Group, Inc. (CBRE) today announced that Mark Fewin has been promoted to Executive Managing Director and Global Leader of Project Management Services, effective January 1, 2011. Mr. Fewin succeeds Ken Loeber, who was named to Global Leader of Business Development for CBRE’s Global Corporate Services business line
BUILDING PERFORMANCE AND OCCUPIER SATISFACTION EXPECTED TO PRODUCE IMPROVED RETURN ON GREEN BUILDING INVESTMENTS
Chicago, IL – November 18, 2010 – (RealEstateRama) — Sustainable buildings are expected to generate stronger investment returns than traditionally managed properties, according to an ongoing study of a national office portfolio managed by CB Richard Ellis. The study found that owners of sustainably managed buildings anticipate a 4% higher return on investment than do owners of traditionally managed buildings, as well as 5% [more] increase in building value. Roughly 79% of owners surveyed believe that sustainable properties perform well in attracting and retaining tenants, yielding a 5% increase in building occupancy and 1% increase in rental income.
NYSE Euronext Selects CB Richard Ellis Group, Inc. to Provide Global Real Estate Transaction and Facilities Management Services
Los Angeles, CA – November 17, 2010 – (RealEstateRama) — CB Richard Ellis Group, Inc (NYSE:CBG) today announced that NYSE Euronext (NYX), a leading global operator of financial markets and provider of innovative trading technologies, has selected CB Richard Ellis as its exclusive outsourcing provider of global real estate transaction management services and its preferred provider of global facilities management services.