CB Richard Ellis named “Global Superstar”
Global advisory is the only commercial real estate firm to earn this distinction
Dubai, April 19 2007 – CB Richard Ellis, the largest real estate advisory worldwide, has been included in the “Global Superstar” list complied by Forbes magazine after a recent survey of firms that have redefined industry standards.
The Global Superstars are picked from among the ‘Forbes Global 2000’, a list of global companies with a composite score based on sales, profits, assets and market value. From the Global 2000 list, only 130 qualify for "Global Superstar" status.
CB Richard Ellis is one of five companies (and the only commercial real estate services firm) to earn this distinction in the Business Services category, the others being Manpower, Moody's, Robert Half International and World Fuel Services.
The Forbes "Global Superstars" are big companies that are "fast-growing, adroit and well-managed" and that "set the benchmarks for their respective industries." Forbes editors selected firms that have size and growth as its two attributes; firms that are global superstars in every sense. CB Richard Ellis was the only commercial real estate firm to earn this distinction from the business services and supplies list.
“Being endorsed by one of the most authentic financial publication like Forbes confirms the class, quality and dependability that comes with CB Richard Ellis’ services, “said Nicholas Maclean, Managing Director of CB Richard Ellis Middle East Ltd.
CB Richard Ellis Group and its service have been winning accolades from industry publications and watchdogs, with the company maintaining its leading edge in virtually all global markets. The month of March 2007 saw CBRE being ranked #16 on ‘BusinessWeek 50’, an annual report that turns the spotlight on top performers from the Standard & Poor’s 500 index in 2006.
“It adds further significant value to CB Richard Ellis’ name to be placed alongside market leaders and reputed names and makes us further committed to maintain the provision of quality service to our clients in the region,” concluded Maclean.
Notes to editor:
About CB Richard Ellis
CB Richard Ellis Group, Inc. (NYSE:CBG), an S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services firm (in terms of 2006 revenue). With over 24,000 employees, the Company serves real estate owners, investors and occupiers through more than 300 offices worldwide (excluding affiliate and partner offices). CB Richard Ellis 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 Web site at www.cbre.com
*Total combined transaction activity and management portfolio for CB Richard Ellis and Trammell Crow Company, which CB Richard Ellis acquired in December 2006.
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