CBRE Named As Top Commercial Property Broker In Asia Pacific
ASIA PACIFIC – Data from MSCI Real Assets showed that CBRE was the dominant broker for commercial property investment sales in the region for H1 2023, accounting for 38 percent of the overall market share in Asia Pacific (APAC), reported Singapore Business Review (SBR) on Wednesday afternoon (13 September, SGT).
CBRE’s lead over the top two and three commercial real estate brokers edged up by 400 basis points compared to the first half of 2022.
“The exceptional performance of CBRE across all major asset types in the Asia Pacific region is a clear indication of the strong relationships and trust that our clients have bestowed upon us,” remarked CBRE’s Head of Capital Markets for Asia Pacific, Greg Hyland.
“Our Capital Markets teams will continue to utilize our extensive regional expertise to support our clients in attaining their investment goals, even in the face of a challenging market environment,” he added.
Aside from that, CBRE was named as the top broker for commercial property investment sales in the world during the first six months of the year, with a 26 percent total market share. The real estate consultancy also clinched the number one spot in the Americas with a 25 percent market share, as well as in Europe, Middle East & Africa (EMEA) region (19 percent).
Furthermore, CBRE captured the highest market share across the five biggest property types – office (23 percent), retail (24 percent), hotels (26 percent), multifamily (28 percent), and industrial (29 percent).
