London, 26 July 2010 – CB Richard Ellis (CBRE) is the leading UK advisor for Investment deals by acquisitions and by disposals, according to the latest figures from CoStar, the commercial real estate information company.
For the third consecutive quarter, CBRE topped the disposals table, advising on £1.31billion worth of disposals in the second quarter of 2010, more than double the total of the agent in second place. CBRE also advised on £645.5 million worth of acquisitions in the quarter, which was over £100 million more than the nearest competitor.
CBRE’s High Profile deals include: • £600 million sale of the Knightsbridge Estate to Middle Eastern investors for Avestus Capital Partners and the £164 million sale of Milton Gate • £104 million acquisition of Condor House and £60 million acquisition of the King’s Reach Tower.
Stephen Hubbard, Deputy Chairman, CB Richard Ellis EMEA, said: “It is pleasing that CBRE remains the agent of choice for the key acquisition and disposal deals not just in London but throughout the UK. The firm retains its position as number one in the latest league tables because of the contacts, intelligence, hard work and deal-making abilities of the people we employ.
“The growing importance of international buyers to the UK real estate market and our unique international reach has allowed CBRE to continue to grow its market share. We have already started this quarter very strongly with the disposal of part of the White Tower portfolio for in excess of £730 million.”
Download the CoStar League Tables here
United Kingdom