CB Richard Ellis third quarter results

“Our third quarter revenues in EMEA, up nearly 50% compared with the third quarter of 2006, were driven by strong performance in virtually every country and across all major business lines,” said Mike Strong, CBRE’s president of EMEA. “While there is evidence to suggest that some of the very largest transactions are requiring more effort to finance, investment activity between €50 to €150 million remains robust. The EMEA business is now well diversified both geographically and by sector, with a strategic balance between our advisory business and our other service offerings. Against the backdrop of the changing financial environment, the broad diversification of our platform means that we are well positioned to deliver for our clients wherever and whatever their business needs might be.”

Mike Strong, President of CB Richard Ellis, EMEA

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