Movers and Shakers

CBRE leads Australia’s commercial property sales

CBRE has been named number one for commercial property transactions both in Australia and the world.

The Announcement:

CBRE was the top-ranked firm for commercial real estate investment sales in Australia, Asia Pacific and worldwide during 2023, according to MSCI Real Assets.

MSCI Real Assets credited CBRE with a 24 per cent market share across all property types on a worldwide basis in 2023, an 800-basis point lead over the nearest competitor. 

This marks the 13th consecutive year that CBRE has claimed the top spot.

In addition to being number one worldwide, CBRE held the top spot for commercial real estate investment sales in Asia Pacific with a 33 per cent market share and in Australia with a 22 per cent market share.

Head of Capital Markets Pacific, Flint Davidson, said CBRE was very proud of its service offering to clients across Australia and New Zealand.

“We continue to deliver results under difficult market conditions, and it is fantastic to see the MSCI rankings reflect this hard work,” Mr Flint said.

CBRE held the top spot in MSCI Real Assets’ global rankings across the four largest asset classes, office (23 per cent market share), industrial (29 per cent), retail (22 per cent) and multifamily (22 per cent).

Global President of Capital Markets for CBRE, Chris Ludeman said CBRE Capital Markets facilitates considerable cross-border investment by leveraging their worldwide platform and diverse sector expertise.

“Through integrated, comprehensive services spanning assets and regions, we provide holistic real estate solutions for investors worldwide,” Mr Ludeman said.

“As market dynamics evolve, our teams remain committed to providing practical guidance that helps investors to maximise value.”

Source: CBRE

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