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CB Richard Ellis Retail GmbH

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CB Richard Ellis Retail GmbH

Overview:

CBRE Group, Inc. (NYSE: CBG) is the world’s largest commercial real estate services and investment firm - headquartered in Los Angeles with over 44,000 employees and over 350 offices in more than 65 countries.

CBRE has been present in the Austrian Market since 1991.

History:

1773:

Richard Ellis founded at 126 Fenchurch Street, London.

1896:

Hillier Parker founded in London.

1906:

The company that becomes CB Commercial is founded in San Francisco.

1938:

Retirement of Richard Adam Ellis, the last Richard Ellis.

1989:

Employees invest their own money and, with others, acquire the company's operations to form CB Commercial, which immediately ranks as one of the largest real estate services firms in North America.

1991:

CB Richard Ellis opens office in Vienna.

1995:

Investment management capabilities expand through the acquisition of L.J. Melody & Company.

1996:

Mortage banking capabilities expanded through the acquisition of L.J. Melody & Company.

1998:

CB Richard Ellis, the first truly global real estate services firm is formed through the acquisition of REI Limited, the holding company for all Richard Ellis holdings outside the United Kingdom. London based Hillier Parker May & Rowden is acquired, known as CB Hillier Parker.

2001:

CB Richard Ellis successfully concludes its privatisation efforts with an overwhelming 98% approval vote by stockholders. The transaction, valued at approximately $800 million, merges CB Richard Ellis with BLUM CB Corp., controlled by BLUM Capital Partners. The company continues operations as CB Richard Ellis through its growing worldwide service network.

2003:

CB Richard Ellis acquires Insignia Financial Group - bringing together two of the world's most influential real estate companies to set a new benchmark for commercial real estate services.

2004:

CB Richard Ellis Group, Inc. completes succesful initial public offering and begins trading its Class A Common Stock on the New York Stock Exchange.

2005

CB Richard Ellis Retail GmbH founded in Vienna and was integrated in the CB Richard Ellis GmbH subsequently. Vienna office advises not only Austria but also the retail markets in CEE-Region

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