CBRE Ranked World’s 1 Commercial Property Management Firm
CB Richard Ellis (CBRE) has been ranked the #1 commercial property management firm in the world, according to National Real Estate Investor, the leading magazine for professional real estate investors. CBRE has retained the top position in the publication’s annual ranking for seven consecutive years.
CB Richard Ellis manages more than 2.5 billion sq. ft. (232.3 million sq.m.) of commercial property globally. This portfolio is more than 850 million sq. ft. (79 million sq.m.) larger than the #2 firm, which manages 1.65 billion sq. ft. (153.3 million sq.m.)
CBRE Executive Managing Director, Asia Pacific Asset Services, Mr. Sam Cuccurullo said CBRE was the leading commercial property manager in the Asia Pacific region, with 800 million sq. ft. (74.3 million sq.m.) under management.
“We have now created a global Asset Services Executive Committee and we are starting to create initiatives around strategic client accounts,” Mr. Cuccurullo said.
“Going forward one of our primary targets in Asia Pacific is regional clients and premier buildings in major CBD locations.”