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CRES

CB Richard Ellis Group, INC. Announces Definitive Agreements to Acquire Majority of ING Group...

Los Angeles, CA - February 15, 2011 - (RealEstateRama) -- CB Richard Ellis Group, Inc. (NYSE:CBG) today announced that it has entered into definitive agreements to acquire the majority of the real estate investment management business of Netherlands-based ING Group N.V. (ING) for approximately $940 million in cash. The acquisitions include substantially all of the ING Real Estate Investment Management (ING REIM) operations in Europe and Asia, as well as Clarion Real Estate Securities (CRES), its U.S.-based global real estate listed securities business. CB Richard Ellis will not acquire ING’s U.S.-based private market real estate investment management company.

Latest CBRE Press Releases

Temecula_BelVillaggioIII_2

CBRE’s Kirk Brummer, Sean Heitzler and NRP-West Team Complete Sale of...

CBRE’s Kirk Brummer announced today the National Retail Partners-West (NRP-West) has completed the sale of Bel Villaggio I-II & Bel Villaggio III in Temecula, California, adjacent retail

Business Real Estate Press Releases

FEMA

FEMA Offers Free Rebuilding Tips at Local Home Improvement Stores

Disaster survivors affected by the severe storms and floods from Tropical Storm Imelda, can visit local home improvement stores in Houston, Pasadena and Webster for rebuilding tips from mitigation experts.

Recent Gov & Nonprofit Real Estate Press Releases

The Effects of Mortgage Rates on Real Estate

Have you ever wondered what the relationship is between mortgage rates and real estate? It’s complicated, but understanding it can help you plan for how your home will perform in the future based on current market conditions