CBRE has recorded the highest share of commercial property investment activity in Asia Pacific for the eighth year in a row, according to Real Capital Analytics (RCA).
In Asia Pacific, RCA credited CBRE with a market share of 23.3% or $US22.76 billion across all property types, representing 190 bps (basis point) advantage over the its nearest competitor.
Globally, RCA found credited CBRE with 22.2% of market share across all property types on a global basis in 2018 – a 800 bps lead over the nearest competitor.
CBRE executed $51.54 billion in global office sales as seller representative, for a market share of 19.8% in 2018.
The firm was again the top agency in logistics and industrial sales, with $26.30 billion in transactions for a market share of 32.3%; it led the Asia Pacific region with $4.18 billion in transactions for a market share of 39.2%.
In the retail property sector, CBRE also claimed the top global position with $16.94 billion in transactions, for a market share of 21.1%.
Finally, CBRE executed $35.18 billion in global apartment sales with share of 23.5%.
CBRE’s Asia head of capital markets Tom Moffat, “Our strength lies in our ability to understand and advise on a transaction from all angles. Clients across Asia Pacific continue to see working with CBRE as a competitive advantage, which translates into deeper relationships and measurable outcomes in this diverse and maturing region,”
Senior managing director, capital markets, Pacific, Mark Coster said the results are testament to the great work undertaken by the capital markets teams across the region.
Australian Property Journal